Valley Brook Capital Group Inc. Increases Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Valley Brook Capital Group Inc. increased its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 4.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 4,122 shares of the company’s stock after purchasing an additional 161 shares during the period. Valley Brook Capital Group Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $263,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in FNCL. Farther Finance Advisors LLC boosted its holdings 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 purchasing an additional 3,133 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in Fidelity MSCI Financials Index ETF by 2.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 30,801 shares of the company’s stock valued at $1,967,000 after buying an additional 706 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in Fidelity MSCI Financials Index ETF by 7.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,947 shares of the company’s stock worth $571,000 after buying an additional 619 shares in the last quarter. J.W. Cole Advisors Inc. bought a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth about $205,000. Finally, Smith Salley Wealth Management raised its holdings in shares of Fidelity MSCI Financials Index ETF by 20.3% in the 3rd quarter. Smith Salley Wealth Management now owns 48,771 shares of the company’s stock valued at $3,114,000 after acquiring an additional 8,225 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 0.9 %

Shares of NYSEARCA FNCL traded down $0.64 during midday trading on Thursday, hitting $69.91. 28,557 shares of the company’s stock were exchanged, compared to its average volume of 98,417. The business’s fifty day moving average price is $64.69 and its two-hundred day moving average price is $61.10. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 12-month low of $46.83 and a 12-month high of $70.66.

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.