Mather Group LLC. Invests $92,000 in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Mather Group LLC. purchased a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,541 shares of the company’s stock, valued at approximately $92,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNCL. ICA Group Wealth Management LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 4th quarter worth approximately $27,000. Tidemark LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 4th quarter worth approximately $30,000. CWM LLC increased its position in Fidelity MSCI Financials Index ETF by 804.3% during the 4th quarter. CWM LLC now owns 633 shares of the company’s stock worth $34,000 after purchasing an additional 563 shares in the last quarter. American National Bank increased its position in Fidelity MSCI Financials Index ETF by 224.5% during the 4th quarter. American National Bank now owns 701 shares of the company’s stock worth $38,000 after purchasing an additional 485 shares in the last quarter. Finally, Sanctuary Wealth Management L.L.C. increased its position in Fidelity MSCI Financials Index ETF by 56.2% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 1,509 shares of the company’s stock worth $81,000 after purchasing an additional 543 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

FNCL stock opened at $57.83 on Friday. The company has a 50 day simple moving average of $57.87 and a 200 day simple moving average of $56.19. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 1 year low of $43.90 and a 1 year high of $59.77.

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.