Galvin Gaustad & Stein LLC Sells 633 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Galvin Gaustad & Stein LLC reduced its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 4.7% during the fourth quarter, Holdings Channel reports. The fund owned 12,839 shares of the company’s stock after selling 633 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $882,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Thrivent Financial for Lutherans grew its holdings in shares of Fidelity MSCI Financials Index ETF by 5.7% in the second quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock worth $6,945,000 after purchasing an additional 6,465 shares during the last quarter. Susquehanna International Group LLP lifted its position in Fidelity MSCI Financials Index ETF by 631.6% during the second quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock valued at $5,148,000 after buying an additional 76,706 shares during the period. Creative Planning lifted its position in Fidelity MSCI Financials Index ETF by 16.1% during the second quarter. Creative Planning now owns 7,189 shares of the company’s stock valued at $417,000 after buying an additional 997 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Fidelity MSCI Financials Index ETF by 266.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock valued at $5,686,000 after buying an additional 71,320 shares during the period. Finally, Sunbelt Securities Inc. lifted its position in Fidelity MSCI Financials Index ETF by 9.7% during the second quarter. Sunbelt Securities Inc. now owns 7,553 shares of the company’s stock valued at $438,000 after buying an additional 667 shares during the period.

Fidelity MSCI Financials Index ETF Trading Up 0.2 %

Shares of Fidelity MSCI Financials Index ETF stock opened at $72.22 on Thursday. The firm has a market capitalization of $2.01 billion, a P/E ratio of 14.87 and a beta of 0.96. The business has a fifty day simple moving average of $70.52 and a two-hundred day simple moving average of $65.88. Fidelity MSCI Financials Index ETF has a 12 month low of $53.73 and a 12 month high of $73.69.

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.