Northwestern Mutual Wealth Management Co. Sells 114,502 Shares of Fidelity MSCI Energy Index ETF $FENY

Northwestern Mutual Wealth Management Co. cut its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 15.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 620,754 shares of the company’s stock after selling 114,502 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.08% of Fidelity MSCI Energy Index ETF worth $14,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of FENY. Kiker Wealth Management LLC increased its position in shares of Fidelity MSCI Energy Index ETF by 66,833.3% during the 2nd quarter. Kiker Wealth Management LLC now owns 2,008 shares of the company’s stock valued at $47,000 after purchasing an additional 2,005 shares during the last quarter. Soundwatch Capital LLC bought a new stake in Fidelity MSCI Energy Index ETF in the second quarter worth $113,000. Farther Finance Advisors LLC boosted its stake in Fidelity MSCI Energy Index ETF by 21,935.5% during the second quarter. Farther Finance Advisors LLC now owns 6,831 shares of the company’s stock worth $160,000 after buying an additional 6,800 shares during the period. Cullen Frost Bankers Inc. increased its position in Fidelity MSCI Energy Index ETF by 909.3% during the second quarter. Cullen Frost Bankers Inc. now owns 8,226 shares of the company’s stock valued at $193,000 after acquiring an additional 7,411 shares during the last quarter. Finally, BCS Wealth Management bought a new position in Fidelity MSCI Energy Index ETF during the second quarter valued at $202,000.

Fidelity MSCI Energy Index ETF Trading Up 1.4%

Shares of FENY opened at $25.09 on Monday. The company’s fifty day simple moving average is $24.60 and its 200-day simple moving average is $24.11. The company has a market cap of $1.34 billion, a P/E ratio of 15.17 and a beta of 0.77. Fidelity MSCI Energy Index ETF has a twelve month low of $20.31 and a twelve month high of $26.45.

About Fidelity MSCI Energy Index ETF

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.