Monte Financial Group LLC Invests $224,000 in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Monte Financial Group LLC bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,255 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FNCL. Vicus Capital acquired a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter worth $17,355,000. Thrivent Financial for Lutherans grew its position in shares of Fidelity MSCI Financials Index ETF by 13.3% during the third quarter. Thrivent Financial for Lutherans now owns 135,757 shares of the company’s stock worth $8,669,000 after buying an additional 15,899 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity MSCI Financials Index ETF by 266.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock worth $5,686,000 after buying an additional 71,320 shares during the period. Quantitative Strategies Inc. lifted its stake in Fidelity MSCI Financials Index ETF by 3.2% in the third quarter. Quantitative Strategies Inc. now owns 89,025 shares of the company’s stock worth $5,685,000 after acquiring an additional 2,767 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings in Fidelity MSCI Financials Index ETF by 631.6% during the 2nd quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock worth $5,148,000 after acquiring an additional 76,706 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

Fidelity MSCI Financials Index ETF stock opened at $72.43 on Friday. The company has a market capitalization of $2.01 billion, a P/E ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a fifty-two week low of $53.73 and a fifty-two week high of $73.69. The stock has a 50-day simple moving average of $70.54 and a 200-day simple moving average of $65.92.

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.