Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Sets New 52-Week High – Here’s What Happened

Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) hit a new 52-week high on Monday. The stock traded as high as $37.55 and last traded at $37.5530, with a volume of 149,362 shares. The stock had previously closed at $37.41.

Fidelity MSCI Energy Index ETF Price Performance

The company has a fifty day moving average price of $35.20 and a 200 day moving average price of $32.99. The company has a market capitalization of $2.30 billion, a P/E ratio of 15.17 and a beta of 0.50.

Institutional Trading of Fidelity MSCI Energy Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Eley Financial Management Inc boosted its position in shares of Fidelity MSCI Energy Index ETF by 0.3% during the 1st quarter. Eley Financial Management Inc now owns 161,414 shares of the company’s stock valued at $5,491,000 after purchasing an additional 549 shares in the last quarter. Smith Salley Wealth Management lifted its stake in Fidelity MSCI Energy Index ETF by 1.4% in the 1st quarter. Smith Salley Wealth Management now owns 48,705 shares of the company’s stock worth $1,657,000 after acquiring an additional 663 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 1.6% in the 1st quarter. D.A. Davidson & CO. now owns 42,952 shares of the company’s stock valued at $1,461,000 after purchasing an additional 676 shares during the period. Castleview Partners LLC lifted its position in shares of Fidelity MSCI Energy Index ETF by 4.2% in the first quarter. Castleview Partners LLC now owns 22,211 shares of the company’s stock worth $756,000 after purchasing an additional 902 shares in the last quarter. Finally, CAP Partners LLC lifted its position in shares of Fidelity MSCI Energy Index ETF by 6.6% in the first quarter. CAP Partners LLC now owns 16,787 shares of the company’s stock worth $571,000 after purchasing an additional 1,046 shares in the last quarter.

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.