Meridian Wealth Management LLC Invests $1.17 Million in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Meridian Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 18,273 shares of the company’s stock, valued at approximately $1,167,000. Meridian Wealth Management LLC owned approximately 0.07% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Pathway Financial Advisers LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $58,000. CWM LLC increased its holdings in Fidelity MSCI Financials Index ETF by 55.2% in the second quarter. CWM LLC now owns 998 shares of the company’s stock valued at $58,000 after buying an additional 355 shares in the last quarter. TFC Financial Management Inc. acquired a new position in shares of Fidelity MSCI Financials Index ETF in the second quarter worth about $58,000. American National Bank boosted its stake in shares of Fidelity MSCI Financials Index ETF by 48.4% during the 2nd quarter. American National Bank now owns 1,805 shares of the company’s stock worth $105,000 after acquiring an additional 589 shares in the last quarter. Finally, American National Bank & Trust boosted its stake in shares of Fidelity MSCI Financials Index ETF by 34.0% during the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock worth $154,000 after acquiring an additional 614 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 1.1 %

Shares of Fidelity MSCI Financials Index ETF stock opened at $72.47 on Friday. The firm has a market cap of $2.01 billion, a PE ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a twelve month low of $49.35 and a twelve month high of $72.56. The business has a 50-day moving average price of $66.58 and a 200 day moving average price of $62.21.

Fidelity MSCI Financials Index ETF 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.