Jackson Grant Investment Advisers Inc. Acquires Shares of 6,291 Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Jackson Grant Investment Advisers Inc. bought a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,291 shares of the company’s stock, valued at approximately $150,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FENY. Eastern Bank purchased a new stake in Fidelity MSCI Energy Index ETF during the third quarter worth about $27,000. New Wave Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Energy Index ETF during the 4th quarter valued at approximately $27,000. VitalStone Financial LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 3rd quarter worth approximately $39,000. LRI Investments LLC increased its stake in shares of Fidelity MSCI Energy Index ETF by 791.2% during the 3rd quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock worth $118,000 after purchasing an additional 4,027 shares during the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of Fidelity MSCI Energy Index ETF by 46.2% in the 3rd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $160,000 after purchasing an additional 2,105 shares during the period.

Fidelity MSCI Energy Index ETF Trading Up 0.2 %

Shares of NYSEARCA FENY opened at $25.00 on Thursday. The stock has a fifty day simple moving average of $24.82 and a two-hundred day simple moving average of $24.82. Fidelity MSCI Energy Index ETF has a 1-year low of $22.66 and a 1-year high of $27.11. The firm has a market cap of $1.82 billion, a price-to-earnings 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.