Smith Shellnut Wilson LLC ADV Makes New Investment in Fidelity MSCI Energy Index ETF $FENY

Smith Shellnut Wilson LLC ADV bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,770 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lido Advisors LLC boosted its stake in Fidelity MSCI Energy Index ETF by 2.3% during the first quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock worth $59,737,000 after buying an additional 38,901 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Fidelity MSCI Energy Index ETF by 77.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,516,919 shares of the company’s stock valued at $44,840,000 after buying an additional 660,650 shares during the period. Vicus Capital raised its stake in shares of Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock valued at $27,331,000 after buying an additional 774,596 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Fidelity MSCI Energy Index ETF by 29.4% in the 1st quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after buying an additional 97,412 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Fidelity MSCI Energy Index ETF by 15.6% in the 1st quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock valued at $8,115,000 after buying an additional 32,166 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

NYSEARCA:FENY opened at $37.37 on Thursday. The company has a 50-day moving average of $35.41 and a 200-day moving average of $33.07. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 15.17 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 52 week low of $23.94 and a 52 week high of $37.63.

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.