Capital Investment Counsel Inc Increases Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Capital Investment Counsel Inc lifted its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,079 shares of the company’s stock after purchasing an additional 221 shares during the period. Capital Investment Counsel Inc’s holdings in Fidelity MSCI Financials Index ETF were worth $352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. LongView Wealth Management purchased a new stake in shares of Fidelity MSCI Financials Index ETF in the second quarter valued at about $269,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 51.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,382 shares of the company’s stock valued at $602,000 after buying an additional 3,540 shares during the period. Maltin Wealth Management Inc. increased its holdings in shares of Fidelity MSCI Financials Index ETF by 2.4% during the 2nd quarter. Maltin Wealth Management Inc. now owns 53,984 shares of the company’s stock worth $3,128,000 after buying an additional 1,283 shares during the last quarter. CX Institutional lifted its holdings in Fidelity MSCI Financials Index ETF by 1.9% in the second quarter. CX Institutional now owns 23,838 shares of the company’s stock valued at $1,381,000 after acquiring an additional 436 shares during the last quarter. Finally, CWM LLC grew its position in Fidelity MSCI Financials Index ETF by 55.2% in the second quarter. CWM LLC now owns 998 shares of the company’s stock worth $58,000 after acquiring an additional 355 shares during the period.

Fidelity MSCI Financials Index ETF Stock Down 0.5 %

NYSEARCA:FNCL traded down $0.33 on Tuesday, reaching $61.65. The company’s stock had a trading volume of 70,609 shares, compared to its average volume of 99,578. Fidelity MSCI Financials Index ETF has a 12-month low of $43.90 and a 12-month high of $62.62. The stock has a 50 day moving average price of $59.51 and a 200 day moving average price of $58.18. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.