Vicus Capital Boosts Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Vicus Capital grew its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCLFree Report) by 17.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 319,325 shares of the company’s stock after acquiring an additional 47,531 shares during the period. Fidelity MSCI Financials Index ETF accounts for approximately 1.9% of Vicus Capital’s portfolio, making the stock its 13th largest holding. Vicus Capital owned 1.15% of Fidelity MSCI Financials Index ETF worth $21,931,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Strategic Point Investment Advisors LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $14,099,000. Procyon Advisors LLC purchased a new stake in Fidelity MSCI Financials Index ETF during the fourth quarter valued at about $4,489,000. International Assets Investment Management LLC purchased a new stake in Fidelity MSCI Financials Index ETF during the third quarter valued at about $22,430,000. Strategic Financial Concepts LLC purchased a new stake in Fidelity MSCI Financials Index ETF during the fourth quarter valued at about $1,632,000. Finally, Meridian Wealth Management LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter valued at about $1,167,000.

Fidelity MSCI Financials Index ETF Trading Up 0.7 %

Shares of NYSEARCA FNCL opened at $73.45 on Friday. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 1-year low of $54.65 and a 1-year high of $74.25. The stock’s 50-day moving average is $70.82 and its 200 day moving average is $67.21.

Fidelity MSCI Financials Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

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