Ameritas Advisory Services LLC Reduces Stock Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Ameritas Advisory Services LLC lowered its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,515 shares of the company’s stock after selling 1,098 shares during the period. Ameritas Advisory Services LLC owned approximately 0.10% of Fidelity MSCI Financials Index ETF worth $1,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Fidelity MSCI Financials Index ETF by 2.6% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,328 shares of the company’s stock worth $483,000 after acquiring an additional 210 shares during the period. Capital Investment Counsel Inc boosted its stake in Fidelity MSCI Financials Index ETF by 3.8% during the second quarter. Capital Investment Counsel Inc now owns 6,079 shares of the company’s stock worth $352,000 after buying an additional 221 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Fidelity MSCI Financials Index ETF by 4.6% during the 1st quarter. Sunbelt Securities Inc. now owns 6,886 shares of the company’s stock worth $409,000 after buying an additional 301 shares during the last quarter. CWM LLC lifted its stake in shares of Fidelity MSCI Financials Index ETF by 55.2% in the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock valued at $58,000 after purchasing an additional 355 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Fidelity MSCI Financials Index ETF by 4.3% in the 4th quarter. Private Advisor Group LLC now owns 9,860 shares of the company’s stock valued at $528,000 after acquiring an additional 403 shares during the period.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA:FNCL remained flat at $63.73 on Friday. 15,832 shares of the company’s stock were exchanged, compared to its average volume of 97,951. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a one year low of $43.90 and a one year high of $64.03. The business has a 50-day simple moving average of $60.22 and a two-hundred day simple moving average of $58.52.

Fidelity MSCI Financials Index ETF Company 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.