Atlas Brown Inc. Makes New Investment in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Atlas Brown Inc. acquired a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,422 shares of the company’s stock, valued at approximately $235,000.

Other hedge funds also recently modified their holdings of the company. AGF Management Ltd. raised its holdings in shares of Fidelity MSCI Financials Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 294,453 shares of the company’s stock valued at $17,061,000 after purchasing an additional 45,703 shares during the period. PFG Advisors raised its stake in Fidelity MSCI Financials Index ETF by 0.8% during the 2nd quarter. PFG Advisors now owns 27,950 shares of the company’s stock worth $1,619,000 after buying an additional 223 shares during the period. AE Wealth Management LLC boosted its holdings in Fidelity MSCI Financials Index ETF by 17.1% in the second quarter. AE Wealth Management LLC now owns 62,087 shares of the company’s stock worth $3,597,000 after acquiring an additional 9,074 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Fidelity MSCI Financials Index ETF by 5.7% in the second quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock valued at $6,945,000 after acquiring an additional 6,465 shares during the period. Finally, Susquehanna International Group LLP increased its holdings in shares of Fidelity MSCI Financials Index ETF by 631.6% during the second quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock valued at $5,148,000 after acquiring an additional 76,706 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 2.6 %

Shares of FNCL traded down $1.76 during trading hours on Friday, reaching $67.20. The stock had a trading volume of 222,824 shares, compared to its average volume of 241,353. The firm has a 50-day simple moving average of $70.29 and a 200 day simple moving average of $65.07. Fidelity MSCI Financials Index ETF has a 12 month low of $52.22 and a 12 month high of $73.69. The company has a market capitalization of $1.87 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.