Yoder Wealth Management Inc. Increases Stock Holdings in Fidelity MSCI Energy Index ETF $FENY

Yoder Wealth Management Inc. lifted its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 107,851 shares of the company’s stock after buying an additional 2,893 shares during the quarter. Fidelity MSCI Energy Index ETF accounts for approximately 1.3% of Yoder Wealth Management Inc.’s holdings, making the stock its 25th largest holding. Yoder Wealth Management Inc. owned about 0.19% of Fidelity MSCI Energy Index ETF worth $2,529,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FENY. IMA Advisory Services Inc. purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 1st quarter valued at about $38,000. Fifth Third Bancorp raised its holdings in shares of Fidelity MSCI Energy Index ETF by 82.1% during the 1st quarter. Fifth Third Bancorp now owns 1,821 shares of the company’s stock valued at $47,000 after buying an additional 821 shares during the period. CX Institutional purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 1st quarter valued at about $48,000. GPS Wealth Strategies Group LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 1st quarter valued at about $89,000. Finally, Columbia River Financial Group LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 1st quarter valued at about $95,000.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of NYSEARCA:FENY opened at $24.67 on Friday. Fidelity MSCI Energy Index ETF has a one year low of $20.31 and a one year high of $27.03. The business’s 50-day simple moving average is $24.30 and its 200 day simple moving average is $23.68. The company has a market cap of $1.42 billion, a P/E ratio of 15.17 and a beta of 1.39.

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.