Wealth Enhancement Advisory Services LLC Cuts Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Wealth Enhancement Advisory Services LLC trimmed its stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 10.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,278 shares of the company’s stock after selling 1,104 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $592,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vicus Capital acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter valued at about $17,355,000. Aptus Capital Advisors LLC lifted its position in Fidelity MSCI Financials Index ETF by 39,786.0% during the second quarter. Aptus Capital Advisors LLC now owns 154,359 shares of the company’s stock valued at $8,944,000 after buying an additional 153,972 shares in the last quarter. Susquehanna International Group LLP grew its stake in 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 buying an additional 76,706 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity MSCI Financials Index ETF by 266.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock worth $5,686,000 after buying an additional 71,320 shares during the period. Finally, AGF Management Ltd. increased its position in shares of Fidelity MSCI Financials Index ETF by 18.4% in the second quarter. AGF Management Ltd. now owns 294,453 shares of the company’s stock worth $17,061,000 after acquiring an additional 45,703 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 1.6 %

Shares of FNCL stock opened at $69.40 on Friday. The company has a market cap of $1.93 billion, a PE ratio of 14.87 and a beta of 0.96. The company’s fifty day simple moving average is $64.80 and its 200-day simple moving average is $61.16. Fidelity MSCI Financials Index ETF has a 52 week low of $46.83 and a 52 week high of $70.66.

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.