Stonebridge Financial Group LLC Purchases 17,814 Shares of Fidelity MSCI Financials Index ETF $FNCL

Stonebridge Financial Group LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the third quarter, HoldingsChannel.com reports. The fund purchased 17,814 shares of the company’s stock, valued at approximately $1,349,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of Fidelity MSCI Financials Index ETF by 154.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,298 shares of the company’s stock worth $2,320,000 after purchasing an additional 18,414 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 2nd quarter valued at about $246,000. Corient Private Wealth LP raised its stake in Fidelity MSCI Financials Index ETF by 8.4% in the second quarter. Corient Private Wealth LP now owns 6,531 shares of the company’s stock valued at $500,000 after buying an additional 508 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in Fidelity MSCI Financials Index ETF by 12.9% in the second quarter. Ameritas Advisory Services LLC now owns 29,201 shares of the company’s stock valued at $2,236,000 after buying an additional 3,332 shares during the last quarter. Finally, Noble Wealth Partners LLC acquired a new stake in Fidelity MSCI Financials Index ETF in the second quarter worth about $526,000.

Fidelity MSCI Financials Index ETF Trading Up 0.2%

Shares of FNCL stock traded up $0.15 during trading hours on Thursday, reaching $75.87. 170,954 shares of the company’s stock were exchanged, compared to its average volume of 130,407. Fidelity MSCI Financials Index ETF has a 1 year low of $67.76 and a 1 year high of $83.35. The stock has a market cap of $2.23 billion, a PE ratio of 17.73 and a beta of 0.91. The stock’s fifty day moving average price is $81.02 and its two-hundred day moving average price is $76.75.

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.