Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Get Free Report) reached a new 52-week high during trading on Wednesday. The stock traded as high as $83.54 and last traded at $83.5170, with a volume of 134,324 shares traded. The stock had previously closed at $80.81.
Fidelity MSCI Financials Index ETF Trading Up 3.4%
The business has a fifty day moving average of $79.31 and a two-hundred day moving average of $76.55. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 17.73 and a beta of 0.89.
Institutional Investors Weigh In On Fidelity MSCI Financials Index ETF
A number of institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter valued at about $25,098,000. Kestra Advisory Services LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $19,886,000. Strategic Point Investment Advisors LLC lifted its stake in shares of Fidelity MSCI Financials Index ETF by 2.8% in the second quarter. Strategic Point Investment Advisors LLC now owns 224,324 shares of the company’s stock worth $17,174,000 after acquiring an additional 6,051 shares in the last quarter. Procyon Advisors LLC boosted its stake in shares of Fidelity MSCI Financials Index ETF by 19.2% during the 1st quarter. Procyon Advisors LLC now owns 155,754 shares of the company’s stock valued at $10,934,000 after buying an additional 25,067 shares during the last quarter. Finally, Fischer Financial Services Inc. grew its holdings in Fidelity MSCI Financials Index ETF by 0.3% during the 3rd quarter. Fischer Financial Services Inc. now owns 143,632 shares of the company’s stock worth $10,876,000 after acquiring an additional 459 shares in the last quarter.
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.
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