Penobscot Wealth Management Takes $1.41 Million Position in Fidelity MSCI Energy Index ETF $FENY

Penobscot Wealth Management bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 41,466 shares of the company’s stock, valued at approximately $1,411,000. Penobscot Wealth Management owned about 0.07% of Fidelity MSCI Energy Index ETF at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in shares of Fidelity MSCI Energy Index ETF by 16.9% in the first quarter. Royal Bank of Canada now owns 62,708 shares of the company’s stock worth $1,602,000 after acquiring an additional 9,077 shares during the period. Jones Financial Companies Lllp boosted its position in Fidelity MSCI Energy Index ETF by 30.3% in the first quarter. Jones Financial Companies Lllp now owns 12,653 shares of the company’s stock worth $323,000 after purchasing an additional 2,944 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Fidelity MSCI Energy Index ETF by 197.0% during the 1st quarter. Jane Street Group LLC now owns 84,276 shares of the company’s stock valued at $2,153,000 after purchasing an additional 55,901 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fidelity MSCI Energy Index ETF by 16.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 73,598 shares of the company’s stock valued at $1,726,000 after purchasing an additional 10,351 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in shares of Fidelity MSCI Energy Index ETF by 4,601.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 5,219 shares of the company’s stock worth $122,000 after purchasing an additional 5,108 shares during the period.

Fidelity MSCI Energy Index ETF Trading Up 1.1%

Shares of NYSEARCA FENY opened at $30.02 on Friday. Fidelity MSCI Energy Index ETF has a 12-month low of $23.23 and a 12-month high of $35.26. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 15.17 and a beta of 0.42. The firm has a 50 day moving average of $31.80 and a 200 day moving average of $29.98.

Fidelity MSCI Energy Index ETF Company Profile

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.