Secure Asset Management LLC Lowers Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Secure Asset Management LLC lowered its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 14.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,974 shares of the company’s stock after selling 697 shares during the period. Secure Asset Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Decker Retirement Planning Inc. acquired a new stake in Fidelity MSCI Financials Index ETF during the fourth quarter worth about $29,000. FSA Wealth Management LLC acquired a new position in Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $34,000. Harbor Investment Advisory LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $98,000. American National Bank & Trust grew its stake in shares of Fidelity MSCI Financials Index ETF by 34.0% during the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock worth $154,000 after purchasing an additional 614 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter valued at approximately $203,000.

Fidelity MSCI Financials Index ETF Price Performance

FNCL opened at $72.43 on Friday. The firm has a fifty day moving average price of $70.57 and a 200 day moving average price of $66.02. Fidelity MSCI Financials Index ETF has a 1 year low of $53.73 and a 1 year high of $73.69. The stock has a market cap of $2.01 billion, a P/E 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.