Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Get Free Report)’s share price fell 1.1% on Monday. The company traded as low as $76.81 and last traded at $76.84. Approximately 134,628 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 126,992 shares. The stock had previously closed at $77.73.
Fidelity MSCI Financials Index ETF Trading Down 1.1%
The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 17.73 and a beta of 0.89. The company has a fifty day moving average of $81.17 and a 200-day moving average of $76.66.
Institutional Trading of Fidelity MSCI Financials Index ETF
Several large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in Fidelity MSCI Financials Index ETF by 370.6% during the first quarter. Royal Bank of Canada now owns 79,882 shares of the company’s stock worth $5,608,000 after acquiring an additional 62,906 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 17.2% in the 1st quarter. Kestra Advisory Services LLC now owns 242,191 shares of the company’s stock worth $17,002,000 after acquiring an additional 35,569 shares during the last quarter. Procyon Advisors LLC lifted its stake in Fidelity MSCI Financials Index ETF by 19.2% during the first quarter. Procyon Advisors LLC now owns 155,754 shares of the company’s stock worth $10,934,000 after purchasing an additional 25,067 shares in the last quarter. Jacobs Equity LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 4th quarter worth about $1,601,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Fidelity MSCI Financials Index ETF by 154.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,298 shares of the company’s stock worth $2,320,000 after purchasing an additional 18,414 shares in the last quarter.
About Fidelity MSCI Financials Index ETF
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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