3,405 Shares in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,405 shares of the company’s stock, valued at approximately $234,000.

Several other institutional investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF in the third quarter worth approximately $34,000. American National Bank & Trust increased its position in 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 valued at $154,000 after purchasing an additional 614 shares during the period. Farther Finance Advisors LLC increased its position in Fidelity MSCI Financials Index ETF by 11,189.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock valued at $202,000 after purchasing an additional 3,133 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter worth approximately $205,000. Finally, Franklin Resources Inc. boosted 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 purchasing an additional 1,000 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Up 0.2 %

FNCL opened at $68.96 on Friday. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 12 month low of $52.22 and a 12 month high of $73.69. The stock has a fifty day moving average price of $70.29 and a 200-day moving average price of $65.07.

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.