Fidelity MSCI Financials Index ETF $FNCL Position Decreased by Independence Financial Advisors LLC

Independence Financial Advisors LLC reduced its position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 67.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,833 shares of the company’s stock after selling 7,913 shares during the period. Independence Financial Advisors LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FNCL. Buska Wealth Management LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the 3rd quarter valued at approximately $776,000. American National Bank & Trust purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter worth approximately $1,283,000. Rosenberg Matthew Hamilton purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter worth approximately $222,000. Roxbury Financial LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 4.5% in the 3rd quarter. Roxbury Financial LLC now owns 8,624 shares of the company’s stock valued at $653,000 after buying an additional 370 shares during the period. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter valued at approximately $1,349,000.

Fidelity MSCI Financials Index ETF Stock Up 0.9%

Shares of Fidelity MSCI Financials Index ETF stock traded up $0.69 during trading on Thursday, reaching $76.89. The company’s stock had a trading volume of 131,733 shares, compared to its average volume of 129,926. The business has a 50 day moving average price of $80.57 and a 200-day moving average price of $76.97. Fidelity MSCI Financials Index ETF has a 12-month low of $67.76 and a 12-month high of $83.35. The company has a market capitalization of $2.26 billion, a P/E ratio of 17.73 and a beta of 0.91.

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.