Raymond James Financial Inc. Acquires Shares of 19,820 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Raymond James Financial Inc. bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,820 shares of the company’s stock, valued at approximately $1,361,000. Raymond James Financial Inc. owned 0.07% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FNCL. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Financials Index ETF in the 4th quarter worth about $29,000. Assetmark Inc. raised its holdings in shares of Fidelity MSCI Financials Index ETF by 1,128.0% in the fourth quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after buying an additional 564 shares during the period. CIBC Private Wealth Group LLC raised its holdings in shares of Fidelity MSCI Financials Index ETF by 278.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 741 shares of the company’s stock worth $51,000 after buying an additional 545 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Fidelity MSCI Financials Index ETF by 48.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,223 shares of the company’s stock worth $84,000 after acquiring an additional 400 shares during the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at $98,000.

Fidelity MSCI Financials Index ETF Stock Up 2.2 %

Shares of Fidelity MSCI Financials Index ETF stock opened at $69.45 on Friday. Fidelity MSCI Financials Index ETF has a 52 week low of $56.75 and a 52 week high of $74.26. The company has a market capitalization of $2.16 billion, a PE ratio of 16.84 and a beta of 0.99. The stock’s fifty day moving average is $67.50 and its two-hundred day moving average is $69.50.

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.