PFG Advisors Purchases 223 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

PFG Advisors increased its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 0.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 27,950 shares of the company’s stock after acquiring an additional 223 shares during the quarter. PFG Advisors’ holdings in Fidelity MSCI Financials Index ETF were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FNCL. Breakwater Capital Group bought a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at about $336,000. Mather Group LLC. purchased a new stake in Fidelity MSCI Financials Index ETF during the first quarter valued at approximately $92,000. Principal Securities Inc. bought a new position in Fidelity MSCI Financials Index ETF in the fourth quarter worth approximately $127,000. Tidemark LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter worth $30,000. Finally, American National Bank grew its position in shares of Fidelity MSCI Financials Index ETF by 73.5% during the 1st quarter. American National Bank now owns 1,216 shares of the company’s stock valued at $72,000 after acquiring an additional 515 shares during the period.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA:FNCL opened at $62.34 on Friday. Fidelity MSCI Financials Index ETF has a one year low of $43.90 and a one year high of $64.39. The business has a fifty day moving average price of $61.21 and a 200-day moving average price of $59.03. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.