Galvin Gaustad & Stein LLC Has $860,000 Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Galvin Gaustad & Stein LLC lowered its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 13.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 13,472 shares of the company’s stock after selling 2,172 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $860,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FNCL. AGF Management Ltd. raised its position in Fidelity MSCI Financials Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 294,453 shares of the company’s stock worth $17,061,000 after purchasing an additional 45,703 shares during the last quarter. Vicus Capital acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at about $17,355,000. Aptus Capital Advisors LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 39,786.0% in the second quarter. Aptus Capital Advisors LLC now owns 154,359 shares of the company’s stock valued at $8,944,000 after buying an additional 153,972 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Fidelity MSCI Financials Index ETF by 5.7% during the second quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock worth $6,945,000 after acquiring an additional 6,465 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity MSCI Financials Index ETF by 266.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock worth $5,686,000 after acquiring an additional 71,320 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

NYSEARCA:FNCL opened at $70.00 on Friday. Fidelity MSCI Financials Index ETF has a fifty-two week low of $46.83 and a fifty-two week high of $70.66. The company has a 50 day simple moving average of $64.91 and a two-hundred day simple moving average of $61.24. The company has a market capitalization of $1.95 billion, a PE 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.