Lido Advisors LLC Purchases 151,870 Shares of Fidelity MSCI Energy Index ETF $FENY

Lido Advisors LLC lifted its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 9.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,713,695 shares of the company’s stock after purchasing an additional 151,870 shares during the period. Lido Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $42,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in shares of Fidelity MSCI Energy Index ETF by 111,011.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after buying an additional 599,460 shares in the last quarter. Hilltop Wealth Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF in the 3rd quarter worth $12,909,000. Soundwatch Capital LLC purchased a new stake in Fidelity MSCI Energy Index ETF in the 2nd quarter worth $113,000. Tower Research Capital LLC TRC purchased a new stake in Fidelity MSCI Energy Index ETF in the 3rd quarter worth $10,917,000. Finally, Cetera Investment Advisers increased its stake in Fidelity MSCI Energy Index ETF by 406.7% in the 2nd quarter. Cetera Investment Advisers now owns 425,794 shares of the company’s stock worth $9,985,000 after buying an additional 341,767 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Up 0.3%

NYSEARCA:FENY opened at $31.99 on Monday. The business’s 50-day simple moving average is $28.88 and its two-hundred day simple moving average is $26.17. Fidelity MSCI Energy Index ETF has a 52 week low of $20.31 and a 52 week high of $32.22. The stock has a market cap of $1.71 billion, a PE ratio of 15.17 and a beta of 0.77.

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.