KCM Investment Advisors LLC Sells 13,744 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

KCM Investment Advisors LLC reduced its holdings in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 6.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,110 shares of the company’s stock after selling 13,744 shares during the quarter. KCM Investment Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $4,413,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. New Wave Wealth Advisors LLC bought a new stake in Fidelity MSCI Energy Index ETF during the fourth quarter worth about $27,000. PNC Financial Services Group Inc. increased its position in shares of Fidelity MSCI Energy Index ETF by 160.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the company’s stock worth $31,000 after purchasing an additional 800 shares during the last quarter. Huntington National Bank bought a new stake in shares of Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $32,000. Global Retirement Partners LLC boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 3,140.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,426 shares of the company’s stock valued at $34,000 after buying an additional 1,382 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF in the fourth quarter valued at $39,000.

Fidelity MSCI Energy Index ETF Trading Down 9.0 %

NYSEARCA FENY opened at $21.57 on Friday. The firm has a market capitalization of $1.32 billion, a P/E ratio of 15.44 and a beta of 0.94. The firm’s fifty day moving average price is $24.72 and its two-hundred day moving average price is $24.88. Fidelity MSCI Energy Index ETF has a 1 year low of $21.46 and a 1 year high of $27.11.

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.