Beaumont Financial Advisors LLC Makes New Investment in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Beaumont Financial Advisors LLC bought a new position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 25,440 shares of the company’s stock, valued at approximately $1,362,000. Beaumont Financial Advisors LLC owned approximately 0.09% of Fidelity MSCI Financials Index ETF as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of FNCL. JPMorgan Chase & Co. boosted its stake in Fidelity MSCI Financials Index ETF by 8.6% in the first quarter. JPMorgan Chase & Co. now owns 66,266 shares of the company’s stock valued at $3,589,000 after buying an additional 5,226 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Fidelity MSCI Financials Index ETF by 16.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,285 shares of the company’s stock valued at $665,000 after buying an additional 1,726 shares in the last quarter. Private Advisor Group LLC boosted its stake in Fidelity MSCI Financials Index ETF by 17.6% in the first quarter. Private Advisor Group LLC now owns 13,833 shares of the company’s stock valued at $749,000 after buying an additional 2,071 shares in the last quarter. Beaumont Capital Management LLC boosted its stake in Fidelity MSCI Financials Index ETF by 3,228.6% in the first quarter. Beaumont Capital Management LLC now owns 129,514 shares of the company’s stock valued at $7,013,000 after buying an additional 125,623 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Fidelity MSCI Financials Index ETF by 1.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,957,648 shares of the company’s stock valued at $106,007,000 after buying an additional 32,585 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 1.4 %

NYSEARCA:FNCL opened at $56.74 on Friday. The stock’s 50-day simple moving average is $57.22 and its 200 day simple moving average is $52.81. The firm has a market capitalization of $1.59 billion, a PE ratio of 14.78 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a twelve month low of $42.78 and a twelve month high of $59.50.

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.