Lido Advisors LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,777,660 shares of the company’s stock, valued at approximately $210,324,000. Fidelity MSCI Financials Index ETF accounts for 0.5% of Lido Advisors LLC’s investment portfolio, making the stock its 20th largest position. Lido Advisors LLC owned 0.10% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of FNCL. Commonwealth Equity Services LLC acquired a new stake in Fidelity MSCI Financials Index ETF in the 3rd quarter valued at approximately $25,098,000. Kestra Advisory Services LLC bought a new position in shares of Fidelity MSCI Financials Index ETF in the third quarter worth $19,886,000. Strategic Point Investment Advisors LLC grew 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 purchasing an additional 6,051 shares in the last quarter. Fischer Financial Services Inc. grew its stake in shares of Fidelity MSCI Financials Index ETF by 0.3% in the third quarter. Fischer Financial Services Inc. now owns 143,632 shares of the company’s stock worth $10,876,000 after purchasing an additional 459 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of 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 valued at $5,608,000 after purchasing an additional 62,906 shares during the period.
Fidelity MSCI Financials Index ETF Stock Up 0.3%
Shares of FNCL opened at $82.18 on Wednesday. Fidelity MSCI Financials Index ETF has a 52-week low of $67.76 and a 52-week high of $84.55. The firm has a market capitalization of $2.36 billion, a PE ratio of 15.95 and a beta of 0.90. The firm has a 50-day moving average price of $79.24 and a 200 day moving average price of $76.67.
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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