EP Wealth Advisors LLC Lowers Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

EP Wealth Advisors LLC reduced its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,929 shares of the company’s stock after selling 888 shares during the period. EP Wealth Advisors LLC owned approximately 0.13% of Fidelity MSCI Financials Index ETF worth $2,082,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. ICA Group Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the fourth quarter worth $27,000. Pathway Financial Advisers LLC acquired a new stake in Fidelity MSCI Financials Index ETF in the 1st quarter valued at $58,000. CWM LLC raised its position in Fidelity MSCI Financials Index ETF by 55.2% in the second quarter. CWM LLC now owns 998 shares of the company’s stock valued at $58,000 after purchasing an additional 355 shares during the period. TFC Financial Management Inc. acquired a new position in shares of Fidelity MSCI Financials Index ETF during the second quarter worth about $58,000. Finally, American National Bank boosted its position in shares of Fidelity MSCI Financials Index ETF by 73.5% in the first quarter. American National Bank now owns 1,216 shares of the company’s stock worth $72,000 after buying an additional 515 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of NYSEARCA:FNCL opened at $63.38 on Wednesday. The business’s 50-day simple moving average is $62.11 and its 200 day simple moving average is $59.65. The company has a market cap of $1.76 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a one year low of $43.90 and a one year high of $64.62.

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.