Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Acquired by AGF Management Ltd.

AGF Management Ltd. boosted its stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 55.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 750,971 shares of the company’s stock after acquiring an additional 266,381 shares during the period. AGF Management Ltd. owned 2.70% of Fidelity MSCI Financials Index ETF worth $51,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Truist Financial Corp bought a new stake in shares of Fidelity MSCI Financials Index ETF during the 4th quarter worth about $690,000. Arkadios Wealth Advisors acquired a new position in shares of Fidelity MSCI Financials Index ETF during the fourth quarter valued at approximately $203,000. Choreo LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF during the fourth quarter valued at approximately $222,000. Franklin Resources Inc. increased its stake in shares of Fidelity MSCI Financials Index ETF by 43.4% during the third quarter. Franklin Resources Inc. now owns 3,306 shares of the company’s stock valued at $219,000 after acquiring an additional 1,000 shares during the period. Finally, FMR LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 6.1% during the third quarter. FMR LLC now owns 60,002 shares of the company’s stock valued at $3,831,000 after acquiring an additional 3,438 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

Fidelity MSCI Financials Index ETF stock opened at $67.09 on Tuesday. Fidelity MSCI Financials Index ETF has a 1 year low of $55.49 and a 1 year high of $74.26. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. The firm’s 50 day moving average price is $71.44 and its two-hundred day moving average price is $68.69.

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.