West Branch Capital LLC Has $106,000 Stock Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

West Branch Capital LLC lessened its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 11.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,525 shares of the company’s stock after selling 205 shares during the period. West Branch Capital LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FNCL. AdvisorNet Financial Inc acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the first quarter worth $27,000. CX Institutional acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the first quarter worth $27,000. Fifth Third Bancorp acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the first quarter worth $33,000. Assetmark Inc. grew its stake in shares of Fidelity MSCI Financials Index ETF by 1,128.0% in the fourth quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after acquiring an additional 564 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 278.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 741 shares of the company’s stock worth $51,000 after acquiring an additional 545 shares during the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 2.1%

Shares of Fidelity MSCI Financials Index ETF stock opened at $70.39 on Friday. The company’s fifty day simple moving average is $69.04 and its 200-day simple moving average is $69.96. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 16.71 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 1 year low of $56.75 and a 1 year high of $74.26.

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.