Meridian Wealth Management LLC decreased its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Free Report) by 17.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,101 shares of the company’s stock after selling 3,172 shares during the quarter. Meridian Wealth Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $1,037,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth $29,000. FSA Wealth Management LLC purchased a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth $34,000. Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Financials Index ETF in the 4th quarter worth $98,000. US Bancorp DE purchased a new position in Fidelity MSCI Financials Index ETF in the 4th quarter worth $180,000. Finally, Spirit of America Management Corp NY raised its stake in Fidelity MSCI Financials Index ETF by 8.3% in the 4th quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock worth $190,000 after acquiring an additional 213 shares during the last quarter.
Fidelity MSCI Financials Index ETF Price Performance
Shares of FNCL stock opened at $70.08 on Wednesday. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. The business has a fifty day moving average of $71.48 and a 200 day moving average of $68.49. Fidelity MSCI Financials Index ETF has a 1 year low of $55.49 and a 1 year high of $74.25.
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.
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