Atlas Capital Advisors LLC Sells 2,462 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Atlas Capital Advisors LLC trimmed its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 8.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,332 shares of the company’s stock after selling 2,462 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FENY. Leuthold Group LLC increased its stake in Fidelity MSCI Energy Index ETF by 3.2% in the 4th quarter. Leuthold Group LLC now owns 73,189 shares of the company’s stock worth $1,686,000 after acquiring an additional 2,237 shares during the last quarter. Mission Wealth Management LP purchased a new stake in Fidelity MSCI Energy Index ETF during the first quarter valued at $207,000. D.A. Davidson & CO. grew its stake in shares of Fidelity MSCI Energy Index ETF by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 35,886 shares of the company’s stock worth $827,000 after buying an additional 2,216 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of Fidelity MSCI Energy Index ETF by 73.2% in the fourth quarter. Advisory Services Network LLC now owns 147,570 shares of the company’s stock valued at $3,400,000 after acquiring an additional 62,344 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in Fidelity MSCI Energy Index ETF during the 4th quarter valued at about $490,000.

Fidelity MSCI Energy Index ETF Price Performance

FENY stock opened at $25.04 on Friday. Fidelity MSCI Energy Index ETF has a 1-year low of $21.73 and a 1-year high of $27.11. The business has a 50-day moving average price of $24.91 and a 200 day moving average price of $25.05. The company has a market capitalization of $1.82 billion, a P/E 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.