Mission Wealth Management LP Invests $207,000 in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Mission Wealth Management LP acquired a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 8,003 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Private Ocean LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the fourth quarter valued at about $26,000. NBC Securities Inc. acquired a new stake in Fidelity MSCI Energy Index ETF in the 1st quarter valued at approximately $31,000. American National Bank lifted its stake in Fidelity MSCI Energy Index ETF by 457.3% in the 4th quarter. American National Bank now owns 1,254 shares of the company’s stock valued at $29,000 after acquiring an additional 1,029 shares in the last quarter. Beacon Capital Management LLC acquired a new position in Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $62,000. Finally, Trexquant Investment LP bought a new position in shares of Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $213,000.

Fidelity MSCI Energy Index ETF Stock Down 1.5 %

NYSEARCA FENY opened at $24.81 on Friday. The firm’s 50 day moving average is $25.19 and its 200-day moving average is $24.50. The company has a market capitalization of $1.80 billion, a PE ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 12-month low of $21.43 and a 12-month high of $27.11.

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.