Legacy Wealth Managment LLC ID Makes New $31,000 Investment in Fidelity MSCI Financials Index ETF $FNCL

Legacy Wealth Managment LLC ID bought a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the first quarter, Holdings Channel.com reports. The institutional investor bought 442 shares of the company’s stock, valued at approximately $31,000.

A number of other institutional investors have also added to or reduced their stakes in FNCL. Independence Financial Advisors LLC bought a new position in Fidelity MSCI Financials Index ETF in the 1st quarter worth about $9,710,000. Personal CFO Solutions LLC bought a new position in Fidelity MSCI Financials Index ETF in the 1st quarter worth about $7,724,000. AGF Management Ltd. increased its stake in Fidelity MSCI Financials Index ETF by 10.4% in the 1st quarter. AGF Management Ltd. now owns 828,934 shares of the company’s stock worth $57,627,000 after acquiring an additional 77,963 shares during the last quarter. LPL Financial LLC increased its stake in Fidelity MSCI Financials Index ETF by 26.8% in the 1st quarter. LPL Financial LLC now owns 284,906 shares of the company’s stock worth $19,807,000 after acquiring an additional 60,293 shares during the last quarter. Finally, Aspire Capital Advisors LLC bought a new position in Fidelity MSCI Financials Index ETF in the 1st quarter worth about $3,387,000.

Fidelity MSCI Financials Index ETF Stock Down 1.6%

Shares of NYSEARCA FNCL opened at $75.63 on Friday. The firm has a market capitalization of $2.33 billion, a P/E ratio of 17.73 and a beta of 1.08. The stock’s 50-day simple moving average is $74.93 and its two-hundred day simple moving average is $71.26. Fidelity MSCI Financials Index ETF has a twelve month low of $58.68 and a twelve month high of $77.09.

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.