Rappaport Reiches Capital Management LLC Buys 770 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Rappaport Reiches Capital Management LLC boosted its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,131 shares of the company’s stock after purchasing an additional 770 shares during the quarter. Rappaport Reiches Capital Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $970,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. acquired a new stake in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $29,000. FSA Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF during the third quarter worth $34,000. Harbor Investment Advisory LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF during the fourth quarter worth $98,000. American National Bank & Trust grew its holdings 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 buying an additional 614 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Fidelity MSCI Financials Index ETF by 11,189.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock worth $202,000 after acquiring an additional 3,133 shares during the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of FNCL opened at $72.17 on Friday. The stock has a 50-day moving average of $70.52 and a two-hundred day moving average of $65.88. The stock has a market cap of $2.01 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a one year low of $53.73 and a one year high of $73.69.

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.