Acorn Financial Advisory Services Inc. ADV raised its position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) by 34.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,471 shares of the company’s stock after acquiring an additional 2,415 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Fidelity MSCI Financials Index ETF were worth $701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. CX Institutional purchased a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter worth approximately $27,000. Spire Wealth Management increased its position in shares of Fidelity MSCI Financials Index ETF by 300.0% during the 1st quarter. Spire Wealth Management now owns 400 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. Legacy Wealth Managment LLC ID bought a new position in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $31,000. Golden State Wealth Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $32,000. Finally, Fifth Third Bancorp bought a new position in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $33,000.
Fidelity MSCI Financials Index ETF Stock Performance
NYSEARCA FNCL opened at $74.56 on Tuesday. The company has a market cap of $2.36 billion, a P/E ratio of 17.73 and a beta of 1.08. The business’s 50 day moving average price is $75.74 and its 200-day moving average price is $72.41. Fidelity MSCI Financials Index ETF has a fifty-two week low of $58.68 and a fifty-two week high of $77.67.
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.
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