Harbor Investment Advisory LLC Purchases Shares of 1,423 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Harbor Investment Advisory LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,423 shares of the company’s stock, valued at approximately $98,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. raised its position in shares of Fidelity MSCI Financials Index ETF by 43.4% during the third quarter. Franklin Resources Inc. now owns 3,306 shares of the company’s stock valued at $219,000 after buying an additional 1,000 shares during the last quarter. FMR LLC raised its position in shares of Fidelity MSCI Financials Index ETF by 6.1% during the third quarter. FMR LLC now owns 60,002 shares of the company’s stock valued at $3,831,000 after buying an additional 3,438 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Fidelity MSCI Financials Index ETF by 19.7% during the third quarter. Fisher Asset Management LLC now owns 6,017 shares of the company’s stock valued at $384,000 after buying an additional 992 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Fidelity MSCI Financials Index ETF by 5.7% during the second quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock valued at $6,945,000 after buying an additional 6,465 shares during the last quarter. Finally, Maltin Wealth Management Inc. raised its position in shares of Fidelity MSCI Financials Index ETF by 2.1% during the third quarter. Maltin Wealth Management Inc. now owns 55,093 shares of the company’s stock valued at $3,518,000 after buying an additional 1,109 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Fidelity MSCI Financials Index ETF stock opened at $71.89 on Thursday. The stock has a market cap of $2.00 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 1 year low of $53.73 and a 1 year high of $73.69. The firm’s 50 day moving average price is $70.50 and its 200-day moving average price is $65.84.

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.