Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 163.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,003 shares of the company’s stock after acquiring an additional 2,483 shares during the period. Global Retirement Partners LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Truist Financial Corp acquired a new stake in shares of Fidelity MSCI Financials Index ETF during the fourth quarter valued at about $690,000. J.W. Cole Advisors Inc. increased its holdings in Fidelity MSCI Financials Index ETF by 15.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 3,710 shares of the company’s stock worth $255,000 after purchasing an additional 497 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter valued at approximately $1,632,000. Principal Securities Inc. boosted its stake in shares of Fidelity MSCI Financials Index ETF by 4.8% during the 4th quarter. Principal Securities Inc. now owns 3,953 shares of the company’s stock valued at $271,000 after buying an additional 182 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF during the fourth quarter worth approximately $232,000.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA FNCL opened at $71.83 on Tuesday. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. Fidelity MSCI Financials Index ETF has a 12 month low of $55.49 and a 12 month high of $74.25. The company’s fifty day moving average price is $71.10 and its two-hundred day moving average price is $67.91.

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.