HBW Advisory Services LLC Makes New $219,000 Investment in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

HBW Advisory Services LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,426 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds have also modified their holdings of the company. American National Bank & Trust boosted its position in Fidelity MSCI Financials Index ETF by 34.0% in the third quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock valued at $154,000 after buying an additional 614 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Fidelity MSCI Financials Index ETF by 9.7% during the 2nd quarter. Sunbelt Securities Inc. now owns 7,553 shares of the company’s stock valued at $438,000 after acquiring an additional 667 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 266.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock valued at $5,686,000 after acquiring an additional 71,320 shares during the last quarter. Creative Planning increased its stake in shares of Fidelity MSCI Financials Index ETF by 16.1% in the second quarter. Creative Planning now owns 7,189 shares of the company’s stock worth $417,000 after acquiring an additional 997 shares during the period. Finally, Susquehanna International Group LLP raised its holdings in shares of Fidelity MSCI Financials Index ETF by 631.6% during the second quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock worth $5,148,000 after purchasing an additional 76,706 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA FNCL opened at $64.31 on Friday. The company has a fifty day moving average of $62.27 and a 200 day moving average of $59.77. The company has a market capitalization of $1.79 billion, a PE 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 $64.62.

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.