Meridian Wealth Management LLC Decreases Stock Holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Meridian Wealth Management LLC trimmed its position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 33.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,486 shares of the company’s stock after selling 5,232 shares during the quarter. Meridian Wealth Management LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $250,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 0.4% in the 3rd quarter. HighTower Advisors LLC now owns 882,644 shares of the company’s stock valued at $21,217,000 after purchasing an additional 3,703 shares during the last quarter. Investmark Advisory Group LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 10.8% in the 3rd quarter. Investmark Advisory Group LLC now owns 9,845 shares of the company’s stock valued at $237,000 after purchasing an additional 958 shares during the last quarter. Savvy Advisors Inc. purchased a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at approximately $229,000. D.A. Davidson & CO. raised its position in shares of Fidelity MSCI Energy Index ETF by 2.9% in the 3rd quarter. D.A. Davidson & CO. now owns 44,780 shares of the company’s stock valued at $1,078,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Principal Securities Inc. raised its position in shares of Fidelity MSCI Energy Index ETF by 22.3% in the 4th quarter. Principal Securities Inc. now owns 25,388 shares of the company’s stock valued at $605,000 after purchasing an additional 4,625 shares during the last quarter.

Fidelity MSCI Energy Index ETF Stock Down 1.5 %

Shares of Fidelity MSCI Energy Index ETF stock opened at $23.46 on Thursday. The firm has a market capitalization of $1.46 billion, a P/E ratio of 13.83 and a beta of 1.25. The company has a 50 day moving average price of $24.79 and a 200 day moving average price of $24.82. Fidelity MSCI Energy Index ETF has a 52 week low of $22.72 and a 52 week high of $27.11.

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.