SVB Wealth LLC Takes Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

SVB Wealth LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,762 shares of the company’s stock, valued at approximately $258,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mutual Advisors LLC raised its position in shares of Fidelity MSCI Financials Index ETF by 2.5% during the 4th quarter. Mutual Advisors LLC now owns 6,107 shares of the company’s stock worth $433,000 after purchasing an additional 147 shares during the period. Valley Brook Capital Group Inc. raised its position in shares of Fidelity MSCI Financials Index ETF by 4.1% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 4,122 shares of the company’s stock worth $263,000 after purchasing an additional 161 shares during the period. Principal Securities Inc. raised its position in shares of Fidelity MSCI Financials Index ETF by 4.8% during the 4th quarter. Principal Securities Inc. now owns 3,953 shares of the company’s stock worth $271,000 after purchasing an additional 182 shares during the period. Spirit of America Management Corp NY raised its position in shares of Fidelity MSCI Financials Index ETF by 8.3% during the 4th quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock worth $190,000 after purchasing an additional 213 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its position in shares of Fidelity MSCI Financials Index ETF by 2.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 12,373 shares of the company’s stock worth $790,000 after purchasing an additional 316 shares during the period.

Fidelity MSCI Financials Index ETF Trading Up 0.7 %

Shares of Fidelity MSCI Financials Index ETF stock opened at $70.56 on Thursday. The business’s 50 day simple moving average is $71.49 and its 200-day simple moving average is $68.50. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. Fidelity MSCI Financials Index ETF has a twelve month low of $55.49 and a twelve month high of $74.26.

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.