Maltin Wealth Management Inc. Grows Stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Maltin Wealth Management Inc. boosted its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 9.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 76,758 shares of the company’s stock after buying an additional 6,405 shares during the period. Maltin Wealth Management Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $1,986,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in Fidelity MSCI Energy Index ETF by 7,199.6% in 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 last quarter. Wells Fargo & Company MN lifted its stake in shares of Fidelity MSCI Energy Index ETF by 28.1% during the fourth quarter. Wells Fargo & Company MN now owns 816,591 shares of the company’s stock worth $18,814,000 after purchasing an additional 179,132 shares in the last quarter. Win Advisors Inc. acquired a new position in shares of Fidelity MSCI Energy Index ETF in the fourth quarter worth about $2,958,000. VCI Wealth Management LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF in the fourth quarter worth about $2,199,000. Finally, Mariner LLC lifted its stake in shares of Fidelity MSCI Energy Index ETF by 73.7% in the third quarter. Mariner LLC now owns 172,541 shares of the company’s stock worth $4,298,000 after acquiring an additional 73,236 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of NYSEARCA:FENY traded up $0.21 during trading on Friday, hitting $25.20. The company’s stock had a trading volume of 188,536 shares, compared to its average volume of 721,837. Fidelity MSCI Energy Index ETF has a fifty-two week low of $21.43 and a fifty-two week high of $27.11. The stock’s 50-day moving average price is $25.33 and its two-hundred day moving average price is $24.40. The company has a market capitalization of $1.83 billion, a PE 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.