TrueWealth Advisors LLC Has $307,000 Stock Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

TrueWealth Advisors LLC raised its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 7.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,732 shares of the company’s stock after buying an additional 846 shares during the period. TrueWealth Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $307,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Mather Group LLC. bought a new stake in shares of Fidelity MSCI Energy Index ETF during the second quarter valued at approximately $27,000. Eastern Bank acquired a new stake in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at $27,000. Private Ocean LLC acquired a new stake in shares of Fidelity MSCI Energy Index ETF in the 2nd quarter valued at $28,000. VitalStone Financial LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF during the third quarter worth $39,000. Finally, Gradient Investments LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the second quarter valued at $49,000.

Fidelity MSCI Energy Index ETF Stock Down 0.7 %

Shares of FENY stock opened at $24.13 on Monday. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 12 month low of $21.73 and a 12 month high of $27.11. The stock has a 50-day moving average price of $24.46 and a 200 day moving average price of $24.90.

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.