Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 737,291 shares, an increase of 627.8% from the April 15th total of 101,311 shares. Based on an average daily trading volume, of 2,452,611 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.2% of the company’s shares are short sold.
Fidelity MSCI Energy Index ETF Price Performance
Shares of NYSEARCA FENY opened at $32.16 on Thursday. The company’s 50 day simple moving average is $32.28 and its 200 day simple moving average is $28.46. Fidelity MSCI Energy Index ETF has a fifty-two week low of $22.22 and a fifty-two week high of $35.26. The firm has a market capitalization of $2.01 billion, a P/E ratio of 15.17 and a beta of 0.46.
Institutional Trading of Fidelity MSCI Energy Index ETF
Institutional investors and hedge funds have recently made changes to their positions in the business. Lido Advisors LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 2.3% in the 1st quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock worth $59,737,000 after purchasing an additional 38,901 shares during the last quarter. Cetera Investment Advisers increased its holdings in Fidelity MSCI Energy Index ETF by 29.4% in the first quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after purchasing an additional 97,412 shares during the last quarter. Parker Investment Management LLC acquired a new position in Fidelity MSCI Energy Index ETF in the first quarter valued at about $340,000. Bellwether Advisors LLC acquired a new position in Fidelity MSCI Energy Index ETF in the first quarter valued at about $1,725,000. Finally, Modera Wealth Management LLC bought a new position in Fidelity MSCI Energy Index ETF during the first quarter worth about $294,000.
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.
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