Signature Estate & Investment Advisors LLC Invests $231,000 in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Signature Estate & Investment Advisors LLC purchased a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,362 shares of the company’s stock, valued at approximately $231,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth $29,000. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF during the third quarter worth about $34,000. Assetmark Inc. boosted its holdings in Fidelity MSCI Financials Index ETF by 1,128.0% during the fourth quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after buying an additional 564 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Fidelity MSCI Financials Index ETF by 48.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,223 shares of the company’s stock worth $84,000 after buying an additional 400 shares during the period. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF in the 4th quarter valued at about $98,000.

Fidelity MSCI Financials Index ETF Price Performance

Shares of NYSEARCA:FNCL opened at $70.06 on Friday. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 16.28 and a beta of 1.10. The firm’s 50 day simple moving average is $71.41 and its 200 day simple moving average is $69.11. Fidelity MSCI Financials Index ETF has a fifty-two week low of $55.49 and a fifty-two week high of $74.26.

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.