Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Acquired by Sunbelt Securities Inc.

Sunbelt Securities Inc. boosted its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 9.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,553 shares of the company’s stock after purchasing an additional 667 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $438,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Fidelity MSCI Financials Index ETF by 2.6% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,328 shares of the company’s stock valued at $483,000 after acquiring an additional 210 shares during the last quarter. Capital Investment Counsel Inc grew its holdings in shares of Fidelity MSCI Financials Index ETF by 3.8% during the second quarter. Capital Investment Counsel Inc now owns 6,079 shares of the company’s stock worth $352,000 after buying an additional 221 shares in the last quarter. PFG Advisors grew its position in shares of Fidelity MSCI Financials Index ETF by 0.8% in the second quarter. PFG Advisors now owns 27,950 shares of the company’s stock valued at $1,619,000 after purchasing an additional 223 shares during the period. CWM LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 55.2% during the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock valued at $58,000 after acquiring an additional 355 shares during the last quarter. Finally, Comerica Bank increased its position in Fidelity MSCI Financials Index ETF by 12.8% during the first quarter. Comerica Bank now owns 3,818 shares of the company’s stock worth $227,000 after purchasing an additional 432 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Fidelity MSCI Financials Index ETF stock opened at $63.38 on Wednesday. Fidelity MSCI Financials Index ETF has a 12 month low of $43.90 and a 12 month high of $64.62. The stock’s 50-day moving average is $62.11 and its 200-day moving average is $59.65. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.