LongView Wealth Management Purchases 1,640 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

LongView Wealth Management increased its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 32.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,620 shares of the company’s stock after purchasing an additional 1,640 shares during the period. LongView Wealth Management’s holdings in Fidelity MSCI Financials Index ETF were worth $455,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in shares of Fidelity MSCI Financials Index ETF in the fourth quarter valued at $29,000. FSA Wealth Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the third quarter valued at about $34,000. American National Bank & Trust lifted its holdings in Fidelity MSCI Financials Index ETF by 34.0% during the third quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock valued at $154,000 after purchasing an additional 614 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Fidelity MSCI Financials Index ETF by 11,189.3% in the third quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock valued at $202,000 after acquiring an additional 3,133 shares during the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $205,000.

Fidelity MSCI Financials Index ETF Price Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $71.50 on Friday. Fidelity MSCI Financials Index ETF has a 1 year low of $52.26 and a 1 year high of $73.69. The company has a 50-day moving average of $70.47 and a 200 day moving average of $65.55. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.