JPMorgan Chase & Co. Cuts Stock Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

JPMorgan Chase & Co. lessened its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 14.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 61,818 shares of the company’s stock after selling 10,609 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Energy Index ETF were worth $1,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Eastern Bank purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the third quarter worth approximately $27,000. VitalStone Financial LLC acquired a new position in Fidelity MSCI Energy Index ETF during the third quarter worth $39,000. LRI Investments LLC grew its holdings in Fidelity MSCI Energy Index ETF by 791.2% during the third quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock worth $118,000 after acquiring an additional 4,027 shares during the period. American National Bank & Trust grew its holdings in Fidelity MSCI Energy Index ETF by 21.0% during the third quarter. American National Bank & Trust now owns 6,263 shares of the company’s stock worth $151,000 after acquiring an additional 1,087 shares during the period. Finally, NBC Securities Inc. grew its holdings in Fidelity MSCI Energy Index ETF by 46.2% during the third quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $160,000 after acquiring an additional 2,105 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

Shares of FENY stock opened at $25.62 on Friday. The business’s fifty day moving average price is $25.08 and its 200 day moving average price is $24.84. Fidelity MSCI Energy Index ETF has a 1-year low of $22.20 and a 1-year high of $27.11. The firm has a market capitalization of $1.86 billion, a PE ratio of 8.27 and a beta of 0.50.

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.