Buska Wealth Management LLC trimmed its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) by 41.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,641 shares of the company’s stock after selling 17,071 shares during the period. Fidelity MSCI Financials Index ETF accounts for 0.7% of Buska Wealth Management LLC’s holdings, making the stock its 25th largest position. Buska Wealth Management LLC owned 0.08% of Fidelity MSCI Financials Index ETF worth $1,810,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. AE Wealth Management LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 7.8% during the 4th quarter. AE Wealth Management LLC now owns 110,510 shares of the company’s stock valued at $8,591,000 after acquiring an additional 8,002 shares during the period. Yoder Wealth Management Inc. increased its position in shares of Fidelity MSCI Financials Index ETF by 14.5% in the first quarter. Yoder Wealth Management Inc. now owns 93,649 shares of the company’s stock worth $6,574,000 after purchasing an additional 11,835 shares during the period. Robertson Stephens Wealth Management LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 55.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 38,378 shares of the company’s stock worth $2,984,000 after purchasing an additional 13,738 shares during the period. Jacobs Equity LLC bought a new position in shares of Fidelity MSCI Financials Index ETF in the fourth quarter worth $1,601,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Fidelity MSCI Financials Index ETF by 4.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 219,088 shares of the company’s stock valued at $17,032,000 after purchasing an additional 10,040 shares in the last quarter.
Fidelity MSCI Financials Index ETF Stock Up 0.1%
FNCL opened at $82.28 on Wednesday. Fidelity MSCI Financials Index ETF has a twelve month low of $67.76 and a twelve month high of $83.13. The company has a 50-day simple moving average of $78.61 and a 200 day simple moving average of $75.13. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 17.73 and a beta of 0.89.
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.
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