Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 14.7% during the 2nd quarter, Holdings Channel reports. The firm owned 28,206 shares of the company’s stock after selling 4,846 shares during the quarter. Truist Financial Corp’s holdings in Fidelity MSCI Energy Index ETF were worth $708,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of FENY. Mather Group LLC. purchased a new stake in Fidelity MSCI Energy Index ETF in the second quarter valued at approximately $27,000. Private Ocean LLC acquired a new stake in Fidelity MSCI Energy Index ETF during the 2nd quarter valued at approximately $28,000. NBC Securities Inc. acquired a new position in Fidelity MSCI Energy Index ETF during the first quarter valued at $31,000. Gradient Investments LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF in the second quarter worth about $49,000. Finally, Pathway Financial Advisers LLC purchased a new stake in Fidelity MSCI Energy Index ETF in the 1st quarter worth approximately $51,000.

Fidelity MSCI Energy Index ETF Price Performance

FENY opened at $25.41 on Tuesday. The firm has a fifty day moving average price of $24.46 and a 200 day moving average price of $25.08. Fidelity MSCI Energy Index ETF has a 1 year low of $21.73 and a 1 year high of $27.11. The stock has a market cap of $1.85 billion, a P/E ratio of 8.27 and a beta of 0.50.

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.