Atlas Brown Inc. Makes New $235,000 Investment in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Atlas Brown Inc. bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,422 shares of the company’s stock, valued at approximately $235,000.

Other large investors also recently made changes to their positions in the company. FSA Wealth Management LLC purchased a new position in Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $34,000. American National Bank & Trust increased its holdings in Fidelity MSCI Financials Index ETF by 34.0% in the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock worth $154,000 after acquiring an additional 614 shares during the last quarter. 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 valued at $202,000 after acquiring an additional 3,133 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in Fidelity MSCI Financials Index ETF during the third quarter valued at about $205,000. Finally, Prospera Financial Services Inc bought a new position in Fidelity MSCI Financials Index ETF during the third quarter worth about $218,000.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL traded down $1.76 during trading hours on Friday, hitting $67.20. The company’s stock had a trading volume of 222,824 shares, compared to its average volume of 241,353. The business has a 50 day simple moving average of $70.29 and a two-hundred day simple moving average of $65.07. Fidelity MSCI Financials Index ETF has a 52-week low of $52.22 and a 52-week high of $73.69. The company 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 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.