Assetmark Inc. Acquires 564 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Assetmark Inc. lifted its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 1,128.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 614 shares of the company’s stock after buying an additional 564 shares during the period. Assetmark Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $42,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FNCL. Decker Retirement Planning Inc. bought a new stake in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth about $29,000. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter valued at about $34,000. Harbor Investment Advisory LLC bought a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at about $98,000. US Bancorp DE bought a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at about $180,000. Finally, Spirit of America Management Corp NY grew its holdings in Fidelity MSCI Financials Index ETF by 8.3% during 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 last quarter.

Fidelity MSCI Financials Index ETF Trading Up 2.4 %

Shares of NYSEARCA:FNCL opened at $67.88 on Friday. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 16.28 and a beta of 1.10. Fidelity MSCI Financials Index ETF has a 12 month low of $55.49 and a 12 month high of $74.26. The firm’s 50-day moving average is $71.30 and its 200 day moving average is $68.76.

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.