Smith Shellnut Wilson LLC ADV bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,183 shares of the company’s stock, valued at approximately $1,528,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its holdings in Fidelity MSCI Financials Index ETF by 17.2% during the first quarter. Kestra Advisory Services LLC now owns 242,191 shares of the company’s stock worth $17,002,000 after buying an additional 35,569 shares during the last quarter. Strategic Point Investment Advisors LLC grew its position in shares of Fidelity MSCI Financials Index ETF by 2.8% during the 2nd quarter. Strategic Point Investment Advisors LLC now owns 224,324 shares of the company’s stock worth $17,174,000 after buying an additional 6,051 shares during the period. Procyon Advisors LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 19.2% in the 1st quarter. Procyon Advisors LLC now owns 155,754 shares of the company’s stock valued at $10,934,000 after acquiring an additional 25,067 shares during the last quarter. Yoder Wealth Management Inc. increased its stake in shares of Fidelity MSCI Financials Index ETF by 14.5% in the 1st quarter. Yoder Wealth Management Inc. now owns 93,649 shares of the company’s stock valued at $6,574,000 after acquiring an additional 11,835 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Fidelity MSCI Financials Index ETF by 370.6% in the 1st quarter. Royal Bank of Canada now owns 79,882 shares of the company’s stock valued at $5,608,000 after acquiring an additional 62,906 shares during the last quarter.
Fidelity MSCI Financials Index ETF Price Performance
Shares of NYSEARCA:FNCL opened at $79.15 on Thursday. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 17.73 and a beta of 0.91. The firm’s 50 day simple moving average is $79.75 and its 200 day simple moving average is $77.56. Fidelity MSCI Financials Index ETF has a fifty-two week low of $67.76 and a fifty-two week high of $83.35.
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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