Truist Financial Corp reduced its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) by 15.2% during the 4th quarter, Holdings Channel reports. The fund owned 39,436 shares of the company’s stock after selling 7,056 shares during the quarter. Truist Financial Corp’s holdings in Fidelity MSCI Energy Index ETF were worth $909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 5.6% during the third quarter. Envestnet Asset Management Inc. now owns 1,252,340 shares of the company’s stock valued at $31,196,000 after purchasing an additional 65,881 shares during the period. HighTower Advisors LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 853,352 shares of the company’s stock worth $21,244,000 after buying an additional 71,660 shares in the last quarter. UBS Group AG lifted its stake in shares of Fidelity MSCI Energy Index ETF by 19.4% in the 3rd quarter. UBS Group AG now owns 304,219 shares of the company’s stock worth $7,578,000 after acquiring an additional 49,409 shares during the period. Sigma Planning Corp boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 9.9% in the third quarter. Sigma Planning Corp now owns 256,203 shares of the company’s stock valued at $6,382,000 after acquiring an additional 23,130 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Fidelity MSCI Energy Index ETF by 7,199.6% during the fourth quarter. IFP Advisors Inc now owns 181,832 shares of the company’s stock valued at $4,189,000 after acquiring an additional 179,341 shares during the period.
Fidelity MSCI Energy Index ETF Price Performance
FENY opened at $25.67 on Tuesday. The business has a 50 day moving average price of $25.61 and a two-hundred day moving average price of $23.98. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 1-year low of $20.73 and a 1-year high of $27.11.
Fidelity MSCI Energy Index ETF Company Profile
The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.
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Source: defenseworld.net
