Fisher Asset Management LLC Decreases Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Fisher Asset Management LLC reduced its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 21.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,274 shares of the company’s stock after selling 1,745 shares during the quarter. Fisher Asset Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Trail Ridge Investment Advisors LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the fourth quarter worth $202,000. Richard C. Young & CO. LTD. purchased a new position in shares of Fidelity MSCI Financials Index ETF in the fourth quarter valued at $2,390,000. Stifel Financial Corp grew its position in shares of Fidelity MSCI Financials Index ETF by 9.0% in the fourth quarter. Stifel Financial Corp now owns 163,441 shares of the company’s stock valued at $8,752,000 after purchasing an additional 13,476 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of Fidelity MSCI Financials Index ETF by 813.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 48,432 shares of the company’s stock valued at $2,608,000 after purchasing an additional 43,127 shares in the last quarter. Finally, Tidemark LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF in the fourth quarter valued at $30,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of NYSEARCA FNCL opened at $58.38 on Tuesday. The stock has a market cap of $1.62 billion, a PE ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a fifty-two week low of $43.90 and a fifty-two week high of $59.77. The stock has a fifty day moving average of $57.92 and a 200-day moving average of $56.32.

Fidelity MSCI Financials Index ETF 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.