Northwestern Mutual Wealth Management Co. Sells 12,766 Shares of Fidelity MSCI Financials Index ETF $FNCL

Northwestern Mutual Wealth Management Co. lessened its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,282 shares of the company’s stock after selling 12,766 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity MSCI Financials Index ETF were worth $15,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of FNCL. Sound Income Strategies LLC boosted its stake in shares of Fidelity MSCI Financials Index ETF by 340.6% during the 4th quarter. Sound Income Strategies LLC now owns 608 shares of the company’s stock worth $47,000 after acquiring an additional 470 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Fidelity MSCI Financials Index ETF by 1,427.5% during the 3rd quarter. Larson Financial Group LLC now owns 611 shares of the company’s stock worth $47,000 after acquiring an additional 571 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Fidelity MSCI Financials Index ETF by 1,387.2% during the 4th quarter. Allworth Financial LP now owns 699 shares of the company’s stock worth $54,000 after acquiring an additional 652 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter worth $69,000. Finally, Fifth Third Bancorp boosted its stake in shares of Fidelity MSCI Financials Index ETF by 92.2% during the 4th quarter. Fifth Third Bancorp now owns 911 shares of the company’s stock worth $71,000 after acquiring an additional 437 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $73.62 on Thursday. The company’s fifty day simple moving average is $72.13 and its 200-day simple moving average is $74.57. The stock has a market capitalization of $2.19 billion, a PE ratio of 17.73 and a beta of 0.92. Fidelity MSCI Financials Index ETF has a 1-year low of $67.76 and a 1-year high of $80.31.

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.