Lifeworks Advisors LLC Purchases New Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Lifeworks Advisors LLC acquired a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the third quarter, Holdings Channel.com reports. The firm acquired 18,143 shares of the company’s stock, valued at approximately $1,159,000.

A number of other hedge funds have also bought and sold shares of FNCL. Mather Group LLC. raised its stake in shares of Fidelity MSCI Financials Index ETF by 416.2% during the 2nd quarter. Mather Group LLC. now owns 7,954 shares of the company’s stock valued at $472,000 after purchasing an additional 6,413 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 11.4% in the first quarter. Janney Montgomery Scott LLC now owns 6,730 shares of the company’s stock worth $400,000 after buying an additional 689 shares in the last quarter. AGF Management Ltd. boosted its position in shares of Fidelity MSCI Financials Index ETF by 18.4% in the second quarter. AGF Management Ltd. now owns 294,453 shares of the company’s stock valued at $17,061,000 after acquiring an additional 45,703 shares during the period. Cetera Advisors LLC purchased a new position in Fidelity MSCI Financials Index ETF during the first quarter valued at approximately $296,000. Finally, Comerica Bank increased its holdings in Fidelity MSCI Financials Index ETF by 12.8% during the 1st quarter. Comerica Bank now owns 3,818 shares of the company’s stock worth $227,000 after acquiring an additional 432 shares during the period.

Fidelity MSCI Financials Index ETF Stock Up 0.2 %

Shares of FNCL stock traded up $0.17 on Thursday, reaching $71.11. The company’s stock had a trading volume of 17,345 shares, compared to its average volume of 100,569. The company has a market capitalization of $1.98 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 12-month low of $48.53 and a 12-month high of $71.62. The stock’s 50 day simple moving average is $65.35 and its 200-day simple moving average is $61.55.

Fidelity MSCI Financials Index ETF Company Profile

The Fidelity MSCI Financials Index ETF (FNCL) is an exchange-traded fund that is based on the MSCI USA IMI Financials 25\u002F50 index, a market-cap-weighted index of US financial companies across the entire market-cap spectrum. FNCL was launched on Oct 21, 2013 and is managed by Fidelity.