Vicus Capital Buys Shares of 271,794 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Vicus Capital bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 271,794 shares of the company’s stock, valued at approximately $17,355,000. Fidelity MSCI Financials Index ETF accounts for about 1.5% of Vicus Capital’s holdings, making the stock its 17th biggest holding. Vicus Capital owned about 0.98% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Breakwater Capital Group bought a new position in Fidelity MSCI Financials Index ETF in the 1st quarter valued at about $336,000. Mather Group LLC. grew its holdings in shares of Fidelity MSCI Financials Index ETF by 416.2% during the 2nd quarter. Mather Group LLC. now owns 7,954 shares of the company’s stock valued at $472,000 after purchasing an additional 6,413 shares during the last quarter. KCM Investment Advisors LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $222,000. Janney Montgomery Scott LLC grew its holdings in shares of Fidelity MSCI Financials Index ETF by 11.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,730 shares of the company’s stock valued at $400,000 after purchasing an additional 689 shares during the last quarter. Finally, AGF Management Ltd. grew its holdings in shares of Fidelity MSCI Financials Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 294,453 shares of the company’s stock valued at $17,061,000 after purchasing an additional 45,703 shares during the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of Fidelity MSCI Financials Index ETF stock traded down $0.16 during midday trading on Tuesday, hitting $66.54. 18,843 shares of the company traded hands, compared to its average volume of 95,353. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The firm’s fifty day moving average price is $63.56 and its 200-day moving average price is $60.32. Fidelity MSCI Financials Index ETF has a 12 month low of $43.90 and a 12 month high of $67.61.

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.