Charles Schwab Investment Management Inc. Has $131.88 Million Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Charles Schwab Investment Management Inc. lowered its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,920,253 shares of the company’s stock after selling 81,190 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.07% of Fidelity MSCI Financials Index ETF worth $131,883,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNCL. Mission Wealth Management LP boosted its stake in Fidelity MSCI Financials Index ETF by 32.2% during the 4th quarter. Mission Wealth Management LP now owns 5,465 shares of the company’s stock valued at $375,000 after purchasing an additional 1,330 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Fidelity MSCI Financials Index ETF by 38.6% during the fourth quarter. Jones Financial Companies Lllp now owns 5,892 shares of the company’s stock valued at $405,000 after buying an additional 1,641 shares during the last quarter. US Bancorp DE bought a new stake in Fidelity MSCI Financials Index ETF during the fourth quarter worth $180,000. Fisher Asset Management LLC raised its position in Fidelity MSCI Financials Index ETF by 33.8% in the 4th quarter. Fisher Asset Management LLC now owns 8,049 shares of the company’s stock valued at $553,000 after buying an additional 2,032 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at $258,000.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA FNCL opened at $69.01 on Friday. The company has a fifty day moving average price of $71.47 and a 200-day moving average price of $68.61. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. Fidelity MSCI Financials Index ETF has a 1 year low of $55.49 and a 1 year high of $74.26.

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.