D.B. Root & Company LLC Sells 269 Shares of Fidelity MSCI Financials Index ETF $FNCL

D.B. Root & Company LLC lowered its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,850 shares of the company’s stock after selling 269 shares during the period. D.B. Root & Company LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $359,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FNCL. Janney Montgomery Scott LLC grew its stake in Fidelity MSCI Financials Index ETF by 2.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,432 shares of the company’s stock valued at $476,000 after buying an additional 161 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of Fidelity MSCI Financials Index ETF by 1.6% in the first quarter. Sunbelt Securities Inc. now owns 10,981 shares of the company’s stock valued at $763,000 after purchasing an additional 178 shares in the last quarter. Valley Brook Capital Group Inc. raised its stake in shares of Fidelity MSCI Financials Index ETF by 4.4% during the 1st quarter. Valley Brook Capital Group Inc. now owns 4,419 shares of the company’s stock valued at $307,000 after purchasing an additional 186 shares during the period. Harbour Investments Inc. raised its stake in shares of Fidelity MSCI Financials Index ETF by 14.3% during the 1st quarter. Harbour Investments Inc. now owns 1,746 shares of the company’s stock valued at $121,000 after purchasing an additional 219 shares during the period. Finally, Cornerstone Management Inc. lifted its holdings in Fidelity MSCI Financials Index ETF by 4.6% during the 1st quarter. Cornerstone Management Inc. now owns 6,168 shares of the company’s stock worth $429,000 after purchasing an additional 270 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 0.8%

Shares of NYSEARCA FNCL opened at $76.20 on Monday. The company has a market cap of $2.39 billion, a P/E ratio of 17.73 and a beta of 1.08. Fidelity MSCI Financials Index ETF has a 52 week low of $58.68 and a 52 week high of $77.67. The business has a 50-day simple moving average of $75.62 and a two-hundred day simple moving average of $72.18.

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.