Kovitz Investment Group Partners LLC Sells 15,858 Shares of Fidelity MSCI Financials Index ETF $FNCL

Kovitz Investment Group Partners LLC decreased its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 189,496 shares of the company’s stock after selling 15,858 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $14,731,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mcrae Capital Management Inc. increased its stake in Fidelity MSCI Financials Index ETF by 3.3% in the 3rd quarter. Mcrae Capital Management Inc. now owns 6,312 shares of the company’s stock worth $482,000 after buying an additional 202 shares during the period. Colonial Trust Co SC boosted its position in Fidelity MSCI Financials Index ETF by 56.9% in the 4th quarter. Colonial Trust Co SC now owns 568 shares of the company’s stock valued at $44,000 after buying an additional 206 shares during the period. Smith Salley Wealth Management boosted its position in Fidelity MSCI Financials Index ETF by 0.4% in the 4th quarter. Smith Salley Wealth Management now owns 56,311 shares of the company’s stock valued at $4,378,000 after buying an additional 209 shares during the period. IFP Advisors Inc grew its stake in Fidelity MSCI Financials Index ETF by 5.1% in the 4th quarter. IFP Advisors Inc now owns 4,351 shares of the company’s stock worth $338,000 after acquiring an additional 213 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Fidelity MSCI Financials Index ETF by 14.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,801 shares of the company’s stock worth $133,000 after acquiring an additional 223 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of NYSEARCA:FNCL opened at $76.03 on Friday. The firm’s 50 day simple moving average is $74.04 and its 200-day simple moving average is $74.61. Fidelity MSCI Financials Index ETF has a one year low of $67.76 and a one year high of $80.31. The firm has a market cap of $2.27 billion, a PE ratio of 17.73 and a beta of 0.90.

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.