Traynor Capital Management Inc. Sells 18,650 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Traynor Capital Management Inc. trimmed its position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,345 shares of the company’s stock after selling 18,650 shares during the period. Traynor Capital Management Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $4,466,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in Fidelity MSCI Energy Index ETF by 3.4% in the third quarter. Commonwealth Equity Services LLC now owns 1,326,336 shares of the company’s stock valued at $31,938,000 after purchasing an additional 43,560 shares during the last quarter. HighTower Advisors LLC boosted its position in Fidelity MSCI Energy Index ETF by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 882,644 shares of the company’s stock valued at $21,217,000 after acquiring an additional 3,703 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Fidelity MSCI Energy Index ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 787,675 shares of the company’s stock worth $19,763,000 after buying an additional 9,060 shares during the period. Cetera Investment Advisers raised its holdings in Fidelity MSCI Energy Index ETF by 33.8% in the second quarter. Cetera Investment Advisers now owns 278,076 shares of the company’s stock worth $6,977,000 after buying an additional 70,184 shares during the last quarter. Finally, Wealth Quarterback LLC lifted its position in Fidelity MSCI Energy Index ETF by 2.1% in the 3rd quarter. Wealth Quarterback LLC now owns 172,668 shares of the company’s stock valued at $4,158,000 after acquiring an additional 3,476 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Down 1.8 %

Shares of FENY stock opened at $25.55 on Thursday. The firm has a market capitalization of $1.86 billion, a PE ratio of 8.27 and a beta of 0.50. The company has a 50 day moving average price of $25.09 and a 200-day moving average price of $24.83. Fidelity MSCI Energy Index ETF has a 52 week low of $22.05 and a 52 week high of $27.11.

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.