PFG Advisors Buys New Position in Fidelity MSCI Financials Index ETF $FNCL

PFG Advisors purchased a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 18,642 shares of the company’s stock, valued at approximately $1,423,000. PFG Advisors owned 0.06% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Orion Porfolio Solutions LLC grew its position in shares of Fidelity MSCI Financials Index ETF by 4.6% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 41,725 shares of the company’s stock valued at $3,185,000 after acquiring an additional 1,821 shares during the period. Fisher Asset Management LLC raised its holdings in Fidelity MSCI Financials Index ETF by 21.4% in the 3rd quarter. Fisher Asset Management LLC now owns 17,852 shares of the company’s stock worth $1,363,000 after purchasing an additional 3,147 shares during the period. Sava Penzisko Drushtvo A.D. Skopje purchased a new position in Fidelity MSCI Financials Index ETF during the third quarter valued at $26,099,000. Mcrae Capital Management Inc. lifted its position in Fidelity MSCI Financials Index ETF by 3.3% during the third quarter. Mcrae Capital Management Inc. now owns 6,312 shares of the company’s stock valued at $482,000 after purchasing an additional 202 shares in the last quarter. Finally, Essex Financial Services Inc. grew its holdings in Fidelity MSCI Financials Index ETF by 22.4% during the third quarter. Essex Financial Services Inc. now owns 8,836 shares of the company’s stock valued at $675,000 after purchasing an additional 1,618 shares during the period.

Fidelity MSCI Financials Index ETF Stock Down 0.5%

Shares of FNCL opened at $71.16 on Wednesday. The business has a 50-day simple moving average of $75.81 and a two-hundred day simple moving average of $75.82. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 17.73 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 52 week low of $58.68 and a 52 week high of $80.31.

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.