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

Rappaport Reiches Capital Management LLC raised its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,131 shares of the company’s stock after purchasing an additional 770 shares during the quarter. Rappaport Reiches Capital Management LLC owned 0.05% of Fidelity MSCI Financials Index ETF worth $970,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Vicus Capital bought a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter worth approximately $17,355,000. Susquehanna International Group LLP grew its position in Fidelity MSCI Financials Index ETF by 631.6% in the 2nd quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock valued at $5,148,000 after purchasing an additional 76,706 shares during the period. Northwestern Mutual Wealth Management Co. increased its position 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 acquiring an additional 71,320 shares in the last quarter. Procyon Advisors LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF in the fourth quarter worth approximately $4,489,000. Finally, International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $22,430,000.

Fidelity MSCI Financials Index ETF Stock Up 0.4 %

Shares of NYSEARCA:FNCL opened at $72.17 on Friday. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The business’s 50 day moving average is $70.52 and its 200 day moving average is $65.88. Fidelity MSCI Financials Index ETF has a 12-month low of $53.73 and a 12-month 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.