Sava Penzisko Drushtvo A.D. Skopje Invests $26.10 Million in Fidelity MSCI Financials Index ETF $FNCL

Sava Penzisko Drushtvo A.D. Skopje purchased a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 341,872 shares of the company’s stock, valued at approximately $26,099,000. Fidelity MSCI Financials Index ETF makes up 8.7% of Sava Penzisko Drushtvo A.D. Skopje’s investment portfolio, making the stock its 3rd largest holding. Sava Penzisko Drushtvo A.D. Skopje owned approximately 1.08% of Fidelity MSCI Financials Index ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FNCL. AE Wealth Management LLC grew its holdings in Fidelity MSCI Financials Index ETF by 6.5% in the 2nd quarter. AE Wealth Management LLC now owns 92,730 shares of the company’s stock valued at $6,866,000 after buying an additional 5,660 shares in the last quarter. Brighton Jones LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter valued at about $1,377,000. Creative Planning grew its holdings in shares of Fidelity MSCI Financials Index ETF by 6.2% in the second quarter. Creative Planning now owns 13,595 shares of the company’s stock valued at $1,007,000 after purchasing an additional 790 shares during the period. Birchcreek Wealth Management LLC increased its position in Fidelity MSCI Financials Index ETF by 5.4% during the second quarter. Birchcreek Wealth Management LLC now owns 19,576 shares of the company’s stock worth $1,449,000 after purchasing an additional 1,009 shares during the last quarter. Finally, Vicus Capital increased its position in Fidelity MSCI Financials Index ETF by 3.6% during the third quarter. Vicus Capital now owns 310,394 shares of the company’s stock worth $23,695,000 after purchasing an additional 10,742 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL stock opened at $74.78 on Friday. The company has a market capitalization of $2.36 billion, a PE ratio of 17.73 and a beta of 1.02. The firm’s 50-day moving average is $76.80 and its two-hundred day moving average is $75.95. Fidelity MSCI Financials Index ETF has a 12 month low of $58.68 and a 12 month high of $80.31.

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.