Birchcreek Wealth Management LLC Boosts Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Birchcreek Wealth Management LLC raised its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,219 shares of the company’s stock after purchasing an additional 438 shares during the quarter. Fidelity MSCI Financials Index ETF accounts for 0.8% of Birchcreek Wealth Management LLC’s holdings, making the stock its 24th largest holding. Birchcreek Wealth Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $1,320,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FNCL. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Financials Index ETF in the fourth quarter valued at $29,000. FSA Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at $34,000. Harbor Investment Advisory LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the fourth quarter valued at $98,000. Spirit of America Management Corp NY grew its stake in shares of Fidelity MSCI Financials Index ETF by 8.3% in the fourth quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock valued at $190,000 after buying an additional 213 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of 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 buying an additional 3,133 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 1.5 %

Shares of NYSEARCA FNCL opened at $71.77 on Monday. Fidelity MSCI Financials Index ETF has a twelve month low of $55.49 and a twelve month high of $74.25. The stock has a fifty day simple moving average of $71.10 and a 200-day simple moving average of $67.85. The stock has a market capitalization of $2.00 billion, a PE ratio of 14.87 and a beta of 0.96.

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.