Maxele Advisors LLC bought a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,169 shares of the company’s stock, valued at approximately $2,227,000. Fidelity MSCI Financials Index ETF comprises about 1.9% of Maxele Advisors LLC’s portfolio, making the stock its 17th largest position. Maxele Advisors LLC owned approximately 0.09% of Fidelity MSCI Financials Index ETF as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sava Penzisko Drushtvo A.D. Skopje bought a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth about $26,099,000. AGF Management Ltd. increased its stake in Fidelity MSCI Financials Index ETF by 47.4% during the 3rd quarter. AGF Management Ltd. now owns 853,891 shares of the company’s stock valued at $65,186,000 after purchasing an additional 274,708 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Fidelity MSCI Financials Index ETF by 3,442.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 274,140 shares of the company’s stock worth $20,928,000 after buying an additional 266,401 shares during the last quarter. Lido Advisors LLC raised its holdings in Fidelity MSCI Financials Index ETF by 7.8% in the third quarter. Lido Advisors LLC now owns 2,704,058 shares of the company’s stock worth $206,428,000 after buying an additional 196,045 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its stake in shares of Fidelity MSCI Financials Index ETF by 139.9% in the second quarter. Modern Wealth Management LLC now owns 137,539 shares of the company’s stock worth $10,183,000 after buying an additional 80,205 shares in the last quarter.
Fidelity MSCI Financials Index ETF Stock Up 0.9%
NYSEARCA:FNCL opened at $70.00 on Tuesday. The company’s 50 day moving average price is $75.13 and its 200-day moving average price is $75.64. Fidelity MSCI Financials Index ETF has a 52 week low of $58.68 and a 52 week high of $80.31. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 17.73 and a beta of 1.02.
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.
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