Atlas Capital Advisors Inc. Sells 700 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Atlas Capital Advisors Inc. cut its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 4.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,482 shares of the company’s stock after selling 700 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $393,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FENY. Glass Jacobson Investment Advisors llc boosted its holdings in Fidelity MSCI Energy Index ETF by 0.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 48,771 shares of the company’s stock valued at $1,174,000 after purchasing an additional 403 shares during the period. Bank of Marin increased its position in shares of Fidelity MSCI Energy Index ETF by 1.7% in the fourth quarter. Bank of Marin now owns 29,179 shares of the company’s stock worth $696,000 after purchasing an additional 488 shares during the last quarter. Lynch & Associates IN raised its stake in Fidelity MSCI Energy Index ETF by 1.0% in the fourth quarter. Lynch & Associates IN now owns 52,437 shares of the company’s stock valued at $1,250,000 after purchasing an additional 532 shares in the last quarter. VCI Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Energy Index ETF by 4.1% during the 4th quarter. VCI Wealth Management LLC now owns 15,902 shares of the company’s stock worth $379,000 after acquiring an additional 626 shares during the last quarter. Finally, Focus Financial Network Inc. grew its position in Fidelity MSCI Energy Index ETF by 5.8% in the fourth quarter. Focus Financial Network Inc. now owns 12,111 shares of the company’s stock worth $289,000 after acquiring an additional 659 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Down 9.0 %

NYSEARCA FENY opened at $21.57 on Friday. The stock’s 50-day simple moving average is $24.72 and its two-hundred day simple moving average is $24.88. Fidelity MSCI Energy Index ETF has a twelve month low of $21.46 and a twelve month high of $27.11. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 15.44 and a beta of 0.94.

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.