Lido Advisors LLC Boosts Stake in Fidelity MSCI Financials Index ETF $FNCL

Lido Advisors LLC grew its position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 7.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,704,058 shares of the company’s stock after buying an additional 196,045 shares during the quarter. Fidelity MSCI Financials Index ETF accounts for approximately 0.6% of Lido Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Lido Advisors LLC owned 0.09% of Fidelity MSCI Financials Index ETF worth $206,428,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FNCL. Sava Penzisko Drushtvo A.D. Skopje bought a new position in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $26,099,000. AGF Management Ltd. lifted its holdings in Fidelity MSCI Financials Index ETF by 47.4% during the third quarter. AGF Management Ltd. now owns 853,891 shares of the company’s stock worth $65,186,000 after acquiring an additional 274,708 shares during the period. Modern Wealth Management LLC boosted its position in Fidelity MSCI Financials Index ETF by 139.9% in the second quarter. Modern Wealth Management LLC now owns 137,539 shares of the company’s stock worth $10,183,000 after purchasing an additional 80,205 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Fidelity MSCI Financials Index ETF by 120.4% in the second quarter. Ameriprise Financial Inc. now owns 103,983 shares of the company’s stock worth $7,702,000 after purchasing an additional 56,806 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in Fidelity MSCI Financials Index ETF by 3,394.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 56,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 55,193 shares during the period.

Fidelity MSCI Financials Index ETF Price Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $69.39 on Monday. The firm has a market cap of $2.19 billion, a PE ratio of 17.73 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 1 year low of $58.68 and a 1 year high of $80.31. The stock has a fifty day moving average price of $75.33 and a 200-day moving average price of $75.69.

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.