Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Sold by Capital Investment Counsel Inc

Capital Investment Counsel Inc trimmed its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,880 shares of the company’s stock after selling 199 shares during the period. Capital Investment Counsel Inc’s holdings in Fidelity MSCI Financials Index ETF were worth $375,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pathway Financial Advisers LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $58,000. CWM LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 55.2% during the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock worth $58,000 after purchasing an additional 355 shares in the last quarter. TFC Financial Management Inc. purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 2nd quarter worth approximately $58,000. American National Bank increased its stake in shares of Fidelity MSCI Financials Index ETF by 48.4% during the 2nd quarter. American National Bank now owns 1,805 shares of the company’s stock worth $105,000 after purchasing an additional 589 shares in the last quarter. Finally, American National Bank & Trust increased its stake in shares of Fidelity MSCI Financials Index ETF by 34.0% during the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock worth $154,000 after purchasing an additional 614 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL opened at $66.42 on Thursday. The firm has a 50 day simple moving average of $63.81 and a 200-day simple moving average of $60.42. Fidelity MSCI Financials Index ETF has a 1-year low of $43.90 and a 1-year high of $67.61. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.