Western Wealth Management LLC Invests $682,000 in Fidelity MSCI Energy Index ETF $FENY

Western Wealth Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,040 shares of the company’s stock, valued at approximately $682,000.

Other hedge funds have also added to or reduced their stakes in the company. Vicus Capital increased its stake in 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 during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Fidelity MSCI Energy Index ETF by 111,011.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock worth $14,070,000 after buying an additional 599,460 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at about $10,917,000. TBH Global Asset Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 4th quarter valued at about $3,235,000. Finally, Citadel Advisors LLC grew its holdings in shares of Fidelity MSCI Energy Index ETF by 191.9% in the 3rd quarter. Citadel Advisors LLC now owns 193,663 shares of the company’s stock valued at $4,787,000 after acquiring an additional 127,320 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

NYSEARCA:FENY opened at $32.63 on Tuesday. The stock’s 50-day simple moving average is $31.32 and its 200 day simple moving average is $31.18. The company has a market cap of $1.98 billion, a P/E ratio of 15.17 and a beta of 0.43. Fidelity MSCI Energy Index ETF has a 52-week low of $23.23 and a 52-week high of $35.26.

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 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.