Galvin Gaustad & Stein LLC Sells 2,172 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Galvin Gaustad & Stein LLC decreased its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 13.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,472 shares of the company’s stock after selling 2,172 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AGF Management Ltd. grew its position in 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 last quarter. Vicus Capital acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter valued at approximately $17,355,000. Aptus Capital Advisors LLC grew its holdings in shares of Fidelity MSCI Financials Index ETF by 39,786.0% during the 2nd quarter. Aptus Capital Advisors LLC now owns 154,359 shares of the company’s stock valued at $8,944,000 after purchasing an additional 153,972 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Fidelity MSCI Financials Index ETF by 5.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock worth $6,945,000 after purchasing an additional 6,465 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity MSCI Financials Index ETF by 266.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock valued at $5,686,000 after purchasing an additional 71,320 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $70.00 on Friday. The company’s 50 day moving average price is $64.91 and its two-hundred day moving average price is $61.24. The firm has a market capitalization of $1.95 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a fifty-two week low of $46.83 and a fifty-two week high of $70.66.

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.