HighTower Advisors LLC Grows Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

HighTower Advisors LLC grew its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 122,765 shares of the company’s stock after acquiring an additional 1,998 shares during the quarter. HighTower Advisors LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $8,431,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in Fidelity MSCI Financials Index ETF during the fourth quarter worth approximately $29,000. FSA Wealth Management LLC purchased a new position in Fidelity MSCI Financials Index ETF during the third quarter worth approximately $34,000. Assetmark Inc. lifted its position in Fidelity MSCI Financials Index ETF by 1,128.0% during the fourth quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after buying an additional 564 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Fidelity MSCI Financials Index ETF by 48.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,223 shares of the company’s stock worth $84,000 after buying an additional 400 shares in the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Financials Index ETF during the fourth quarter worth approximately $98,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $68.79 on Tuesday. Fidelity MSCI Financials Index ETF has a one year low of $55.49 and a one year high of $74.26. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 16.28 and a beta of 1.10. The business’s 50 day moving average price is $71.29 and its 200 day moving average price is $68.84.

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.