Variant Private Wealth LLC Purchases Shares of 7,692 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Variant Private Wealth LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 7,692 shares of the company’s stock, valued at approximately $528,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Creative Planning lifted its position in shares of Fidelity MSCI Financials Index ETF by 21.4% during the 3rd quarter. Creative Planning now owns 8,726 shares of the company’s stock worth $557,000 after buying an additional 1,537 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter worth approximately $22,430,000. Quantitative Strategies Inc. lifted its position in shares of Fidelity MSCI Financials Index ETF by 3.2% during the 3rd quarter. Quantitative Strategies Inc. now owns 89,025 shares of the company’s stock worth $5,685,000 after buying an additional 2,767 shares in the last quarter. Court Place Advisors LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 2.0% during the 3rd quarter. Court Place Advisors LLC now owns 8,537 shares of the company’s stock worth $545,000 after buying an additional 170 shares in the last quarter. Finally, Smith Salley Wealth Management lifted its position in shares of Fidelity MSCI Financials Index ETF by 20.3% during the 3rd quarter. Smith Salley Wealth Management now owns 48,771 shares of the company’s stock worth $3,114,000 after buying an additional 8,225 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Down 1.5 %

Fidelity MSCI Financials Index ETF stock opened at $71.77 on Friday. Fidelity MSCI Financials Index ETF has a 52 week low of $55.49 and a 52 week high of $74.25. The company’s 50 day moving average price is $71.08 and its two-hundred day moving average price is $67.68. The stock has a market cap of $2.00 billion, a P/E ratio of 14.87 and a beta of 0.96.

About Fidelity MSCI Financials Index ETF

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.