Choreo LLC Purchases New Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Choreo LLC bought a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,235 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors have also recently bought and sold shares of FNCL. Decker Retirement Planning Inc. acquired a new position in Fidelity MSCI Financials Index ETF in the fourth quarter valued at about $29,000. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF during the third quarter worth $34,000. Harbor Investment Advisory LLC bought a new position in Fidelity MSCI Financials Index ETF in the fourth quarter worth approximately $98,000. Spirit of America Management Corp NY grew its position in Fidelity MSCI Financials Index ETF by 8.3% in the 4th quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock valued at $190,000 after purchasing an additional 213 shares during the period. Finally, Arkadios Wealth Advisors bought a new stake in Fidelity MSCI Financials Index ETF during the 4th quarter worth approximately $203,000.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL stock opened at $73.60 on Friday. The firm has a 50-day moving average of $70.87 and a 200-day moving average of $67.37. Fidelity MSCI Financials Index ETF has a one year low of $55.32 and a one year high of $74.25. The company has a market cap of $2.05 billion, a P/E 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.