Commonwealth Equity Services LLC Has $34.25 Million Stake in Fidelity MSCI Financials Index ETF $FNCL

Commonwealth Equity Services LLC lowered its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 24.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 448,595 shares of the company’s stock after selling 147,265 shares during the quarter. Commonwealth Equity Services LLC owned about 1.42% of Fidelity MSCI Financials Index ETF worth $34,246,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNCL. Modern Wealth Management LLC grew its holdings in shares of Fidelity MSCI Financials Index ETF by 139.9% during the second quarter. Modern Wealth Management LLC now owns 137,539 shares of the company’s stock valued at $10,183,000 after buying an additional 80,205 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Fidelity MSCI Financials Index ETF by 120.4% in the second quarter. Ameriprise Financial Inc. now owns 103,983 shares of the company’s stock worth $7,702,000 after purchasing an additional 56,806 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 3,394.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 56,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 55,193 shares in the last quarter. Procyon Advisors LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 52.6% in the second quarter. Procyon Advisors LLC now owns 114,516 shares of the company’s stock valued at $8,479,000 after purchasing an additional 39,453 shares in the last quarter. Finally, Buska Wealth Management LLC boosted its position in shares of Fidelity MSCI Financials Index ETF by 114.7% during the second quarter. Buska Wealth Management LLC now owns 68,815 shares of the company’s stock valued at $5,095,000 after buying an additional 36,769 shares during the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 1.3%

NYSEARCA FNCL opened at $79.11 on Thursday. The business has a fifty day simple moving average of $76.20 and a 200 day simple moving average of $75.49. Fidelity MSCI Financials Index ETF has a 12 month low of $58.68 and a 12 month high of $80.31. The firm has a market capitalization of $2.47 billion, a P/E ratio of 17.73 and a beta of 1.02.

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.