Bank of Marin Has $696,000 Stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Bank of Marin boosted its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 1.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 29,179 shares of the company’s stock after purchasing an additional 488 shares during the period. Bank of Marin’s holdings in Fidelity MSCI Energy Index ETF were worth $696,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FENY. Meridian Wealth Management LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the third quarter valued at about $378,000. D.A. Davidson & CO. raised its holdings in shares of Fidelity MSCI Energy Index ETF by 2.9% during the third quarter. D.A. Davidson & CO. now owns 44,780 shares of the company’s stock valued at $1,078,000 after purchasing an additional 1,252 shares during the period. HighTower Advisors LLC raised its holdings in shares of Fidelity MSCI Energy Index ETF by 0.4% during the third quarter. HighTower Advisors LLC now owns 882,644 shares of the company’s stock valued at $21,217,000 after purchasing an additional 3,703 shares during the period. Investmark Advisory Group LLC raised its holdings in shares of Fidelity MSCI Energy Index ETF by 10.8% during the third quarter. Investmark Advisory Group LLC now owns 9,845 shares of the company’s stock valued at $237,000 after purchasing an additional 958 shares during the period. Finally, IHT Wealth Management LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the third quarter valued at about $237,000.

Fidelity MSCI Energy Index ETF Trading Up 0.3 %

Shares of NYSEARCA FENY opened at $24.99 on Wednesday. The firm’s 50-day moving average price is $24.83 and its 200-day moving average price is $24.78. Fidelity MSCI Energy Index ETF has a 1-year low of $22.72 and a 1-year high of $27.11. The firm has a market capitalization of $1.53 billion, a P/E ratio of 14.83 and a beta of 1.22.

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.