SVB Wealth LLC Buys Shares of 3,762 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

SVB Wealth LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,762 shares of the company’s stock, valued at approximately $258,000.

Several other institutional investors also recently bought and sold shares of the stock. Mutual Advisors LLC raised its holdings in Fidelity MSCI Financials Index ETF by 2.5% during the fourth quarter. Mutual Advisors LLC now owns 6,107 shares of the company’s stock valued at $433,000 after buying an additional 147 shares in the last quarter. Valley Brook Capital Group Inc. raised its holdings in Fidelity MSCI Financials Index ETF by 4.1% during the third quarter. Valley Brook Capital Group Inc. now owns 4,122 shares of the company’s stock valued at $263,000 after buying an additional 161 shares in the last quarter. Principal Securities Inc. raised its holdings in Fidelity MSCI Financials Index ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 3,953 shares of the company’s stock valued at $271,000 after buying an additional 182 shares in the last quarter. Spirit of America Management Corp NY raised its holdings in Fidelity MSCI Financials Index ETF by 8.3% during the fourth quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock valued at $190,000 after buying an additional 213 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its holdings in Fidelity MSCI Financials Index ETF by 2.6% during the third quarter. Glass Jacobson Investment Advisors llc now owns 12,373 shares of the company’s stock valued at $790,000 after buying an additional 316 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA FNCL opened at $70.56 on Thursday. Fidelity MSCI Financials Index ETF has a fifty-two week low of $55.49 and a fifty-two week high of $74.26. The stock’s 50-day moving average is $71.49 and its two-hundred day moving average is $68.50. The firm has a market cap of $2.19 billion, a P/E ratio of 17.12 and a beta of 1.11.

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.