Summit Financial LLC Has $949,000 Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Summit Financial LLC boosted its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 2.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,821 shares of the company’s stock after purchasing an additional 294 shares during the quarter. Summit Financial LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $949,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Decker Retirement Planning Inc. acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the fourth quarter valued at approximately $29,000. Assetmark Inc. increased its stake in Fidelity MSCI Financials Index ETF by 1,128.0% during the 4th quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after acquiring an additional 564 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 278.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 741 shares of the company’s stock valued at $51,000 after acquiring an additional 545 shares during the period. PNC Financial Services Group Inc. grew its holdings 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 purchasing an additional 400 shares in the last quarter. Finally, Harbor Investment Advisory LLC bought a new position in shares of Fidelity MSCI Financials Index ETF in the fourth quarter worth $98,000.

Fidelity MSCI Financials Index ETF Stock Up 1.0 %

FNCL stock opened at $70.04 on Thursday. Fidelity MSCI Financials Index ETF has a 52 week low of $55.49 and a 52 week high of $74.26. The business has a 50-day simple moving average of $71.23 and a 200 day simple moving average of $69.35. The company has a market cap of $2.16 billion, a PE ratio of 16.56 and a beta of 1.00.

Fidelity MSCI Financials Index ETF Company 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.