Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Stake Reduced by G2 Capital Management LLC OH

G2 Capital Management LLC OH decreased its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 17.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,479 shares of the company’s stock after selling 2,708 shares during the period. G2 Capital Management LLC OH’s holdings in Fidelity MSCI Financials Index ETF were worth $797,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in Fidelity MSCI Financials Index ETF by 11.4% during the first quarter. Janney Montgomery Scott LLC now owns 6,730 shares of the company’s stock worth $400,000 after buying an additional 689 shares in the last quarter. KCM Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 1st quarter worth $222,000. SVB Wealth LLC grew its holdings in shares of Fidelity MSCI Financials Index ETF by 57.8% in the 1st quarter. SVB Wealth LLC now owns 10,927 shares of the company’s stock worth $649,000 after acquiring an additional 4,004 shares during the last quarter. Comerica Bank raised its position in shares of Fidelity MSCI Financials Index ETF by 12.8% during the first quarter. Comerica Bank now owns 3,818 shares of the company’s stock worth $227,000 after purchasing an additional 432 shares during the period. Finally, Cetera Advisors LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF during the first quarter valued at $296,000.

Fidelity MSCI Financials Index ETF Trading Up 0.9 %

Shares of FNCL opened at $70.00 on Friday. The business’s 50-day moving average price is $64.91 and its 200 day moving average price is $61.27. The stock has a market capitalization of $1.95 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 1-year low of $46.83 and a 1-year high of $70.66.

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.