Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Sets New 12-Month High at $62.43

Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) shares hit a new 52-week high on Thursday . The company traded as high as $62.43 and last traded at $62.43, with a volume of 16791 shares changing hands. The stock had previously closed at $62.07.

Fidelity MSCI Financials Index ETF Trading Down 1.1 %

The company has a market capitalization of $1.71 billion, a PE ratio of 14.87 and a beta of 0.96. The firm’s 50-day simple moving average is $58.55 and its 200-day simple moving average is $57.02.

Institutional Investors Weigh In On Fidelity MSCI Financials Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Fidelity MSCI Financials Index ETF by 2.9% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,018 shares of the company’s stock worth $429,000 after buying an additional 225 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Fidelity MSCI Financials Index ETF by 4.6% in the first quarter. Sunbelt Securities Inc. now owns 6,886 shares of the company’s stock worth $409,000 after acquiring an additional 301 shares during the period. Mutual Advisors LLC lifted its stake in Fidelity MSCI Financials Index ETF by 1.4% in the fourth quarter. Mutual Advisors LLC now owns 23,934 shares of the company’s stock worth $1,282,000 after acquiring an additional 342 shares during the period. CWM LLC grew its holdings in Fidelity MSCI Financials Index ETF by 55.2% during the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock worth $58,000 after acquiring an additional 355 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in Fidelity MSCI Financials Index ETF by 4.3% during the 4th quarter. Private Advisor Group LLC now owns 9,860 shares of the company’s stock valued at $528,000 after purchasing an additional 403 shares during the period.

About Fidelity MSCI Financials Index ETF

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.