Court Place Advisors LLC Sells 750 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Court Place Advisors LLC cut its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 7.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,887 shares of the company’s stock after selling 750 shares during the period. Court Place Advisors LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blair William & Co. IL lifted its position in Fidelity MSCI Financials Index ETF by 219.6% in the 1st quarter. Blair William & Co. IL now owns 620 shares of the company’s stock valued at $28,000 after acquiring an additional 426 shares in the last quarter. ICA Group Wealth Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter valued at $30,000. Sanctuary Wealth Management L.L.C. lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 134.5% during the 3rd quarter. Sanctuary Wealth Management L.L.C. now owns 966 shares of the company’s stock valued at $45,000 after buying an additional 554 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 80.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,527 shares of the company’s stock valued at $73,000 after buying an additional 680 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 67.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,882 shares of the company’s stock valued at $88,000 after buying an additional 761 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of NYSEARCA FNCL traded up $0.13 during midday trading on Wednesday, hitting $55.73. 89,668 shares of the stock traded hands, compared to its average volume of 120,338. The firm has a 50-day moving average of $57.14 and a two-hundred day moving average of $52.69. The firm has a market capitalization of $1.56 billion, a P/E ratio of 14.78 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a one year low of $42.78 and a one year high of $59.50.

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.