Sunbelt Securities Inc. Buys 301 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Sunbelt Securities Inc. lifted its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 4.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,886 shares of the company’s stock after acquiring an additional 301 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $409,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. lifted its holdings in Fidelity MSCI Financials Index ETF by 56.2% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 1,509 shares of the company’s stock valued at $81,000 after purchasing an additional 543 shares in the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter valued at $237,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Fidelity MSCI Financials Index ETF by 2.9% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,018 shares of the company’s stock worth $429,000 after buying an additional 225 shares during the period. Yoder Wealth Management Inc. boosted its holdings in Fidelity MSCI Financials Index ETF by 9.1% in the 4th quarter. Yoder Wealth Management Inc. now owns 49,991 shares of the company’s stock worth $2,677,000 after buying an additional 4,187 shares during the period. Finally, VCI Wealth Management LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the 4th quarter worth $3,543,000.

Fidelity MSCI Financials Index ETF Stock Down 0.1 %

NYSEARCA:FNCL opened at $57.60 on Friday. The stock has a market cap of $1.60 billion, a PE ratio of 14.87 and a beta of 0.96. The business’s 50-day simple moving average is $58.04 and its two-hundred day simple moving average is $56.38. Fidelity MSCI Financials Index ETF has a 52 week low of $43.90 and a 52 week high of $59.77.

Fidelity MSCI Financials Index ETF 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.