Lynch & Associates IN Sells 324 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Lynch & Associates IN cut its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,277 shares of the company’s stock after selling 324 shares during the quarter. Lynch & Associates IN owned about 0.12% of Fidelity MSCI Financials Index ETF worth $2,354,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in Fidelity MSCI Financials Index ETF during the third quarter worth about $34,000. American National Bank & Trust raised its stake in shares of Fidelity MSCI Financials Index ETF by 34.0% during the third quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock valued at $154,000 after acquiring an additional 614 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Fidelity MSCI Financials Index ETF by 11,189.3% in the third quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock valued at $202,000 after purchasing an additional 3,133 shares during the period. J.W. Cole Advisors Inc. bought a new stake in shares of Fidelity MSCI Financials Index ETF during the third quarter valued at approximately $205,000. Finally, Prospera Financial Services Inc bought a new position in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at $218,000.

Fidelity MSCI Financials Index ETF Stock Down 2.5 %

FNCL stock traded down $1.73 during mid-day trading on Friday, reaching $67.23. 238,061 shares of the company traded hands, compared to its average volume of 247,393. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a fifty-two week low of $52.22 and a fifty-two week high of $73.69. The firm’s 50 day moving average price is $70.29 and its 200 day moving average price is $65.07.

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.