Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Stake Boosted by Mission Wealth Management LP

Mission Wealth Management LP grew its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 32.2% in the 4th quarter, Holdings Channel reports. The firm owned 5,465 shares of the company’s stock after acquiring an additional 1,330 shares during the quarter. Mission Wealth Management LP’s holdings in Fidelity MSCI Financials Index ETF were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Decker Retirement Planning Inc. bought a new position in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $29,000. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth approximately $34,000. Harbor Investment Advisory LLC bought a new position in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $98,000. US Bancorp DE bought a new position in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $180,000. Finally, Spirit of America Management Corp NY boosted its stake in Fidelity MSCI Financials Index ETF by 8.3% during the 4th quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock valued at $190,000 after purchasing an additional 213 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of NYSEARCA FNCL opened at $70.56 on Thursday. The stock has a fifty day moving average price of $71.49 and a two-hundred day moving average price of $68.50. The firm has a market cap of $2.19 billion, a P/E ratio of 17.12 and a beta of 1.11. Fidelity MSCI Financials Index ETF has a 1 year low of $55.49 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.