AGF Management Ltd. Grows Holdings in Fidelity MSCI Energy Index ETF $FENY

AGF Management Ltd. raised its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 933,266 shares of the company’s stock after buying an additional 35,346 shares during the period. AGF Management Ltd. owned about 1.75% of Fidelity MSCI Energy Index ETF worth $23,070,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FENY. Lido Advisors LLC grew its position in Fidelity MSCI Energy Index ETF by 4.3% in the second quarter. Lido Advisors LLC now owns 1,561,825 shares of the company’s stock worth $36,625,000 after acquiring an additional 64,451 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity MSCI Energy Index ETF by 427.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,222,648 shares of the company’s stock valued at $28,671,000 after acquiring an additional 990,880 shares during the last quarter. BNP Paribas Financial Markets grew its position in Fidelity MSCI Energy Index ETF by 111,011.1% during the second quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after acquiring an additional 599,460 shares during the last quarter. Hilltop Wealth Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF during the third quarter worth approximately $12,909,000. Finally, Soundwatch Capital LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 2nd quarter worth approximately $113,000.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of Fidelity MSCI Energy Index ETF stock opened at $27.74 on Tuesday. Fidelity MSCI Energy Index ETF has a 52-week low of $20.31 and a 52-week high of $28.65. The company has a fifty day moving average of $25.66 and a 200-day moving average of $24.81. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 15.17 and a beta of 0.77.

Fidelity MSCI Energy Index ETF 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.