HighTower Advisors LLC Increases Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

HighTower Advisors LLC increased its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 1.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 122,765 shares of the company’s stock after acquiring an additional 1,998 shares during the quarter. HighTower Advisors LLC owned about 0.44% of Fidelity MSCI Financials Index ETF worth $8,431,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Mutual Advisors LLC increased its holdings in Fidelity MSCI Financials Index ETF by 2.5% in the 4th quarter. Mutual Advisors LLC now owns 6,107 shares of the company’s stock worth $433,000 after acquiring an additional 147 shares during the last quarter. Principal Securities Inc. grew its holdings in Fidelity MSCI Financials Index ETF by 4.8% during the 4th quarter. Principal Securities Inc. now owns 3,953 shares of the company’s stock valued at $271,000 after buying an additional 182 shares in the last quarter. Spirit of America Management Corp NY grew its holdings in Fidelity MSCI Financials Index ETF by 8.3% during the 4th 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. Glass Jacobson Investment Advisors llc grew its holdings in Fidelity MSCI Financials Index ETF by 2.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 12,373 shares of the company’s stock valued at $790,000 after buying an additional 316 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in Fidelity MSCI Financials Index ETF by 4.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,916 shares of the company’s stock valued at $505,000 after buying an additional 363 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 1.3 %

FNCL stock opened at $68.79 on Tuesday. The firm has a market capitalization of $2.14 billion, a PE ratio of 16.28 and a beta of 1.10. Fidelity MSCI Financials Index ETF has a twelve month low of $55.49 and a twelve month high of $74.26. The stock has a 50-day simple moving average of $71.29 and a two-hundred day simple moving average of $68.84.

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.