Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Bought by Pacific Sun Financial Corp

Pacific Sun Financial Corp lifted its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 19.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,974 shares of the company’s stock after acquiring an additional 1,295 shares during the quarter. Pacific Sun Financial Corp’s holdings in Fidelity MSCI Financials Index ETF were worth $554,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Truist Financial Corp acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $690,000. Assetmark Inc. grew its position in shares of Fidelity MSCI Financials Index ETF by 1,128.0% in the 4th quarter. Assetmark Inc. now owns 614 shares of the company’s stock worth $42,000 after acquiring an additional 564 shares in the last quarter. US Bancorp DE acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $180,000. Wells Fargo & Company MN grew its position in shares of Fidelity MSCI Financials Index ETF by 12.7% in the 4th quarter. Wells Fargo & Company MN now owns 142,593 shares of the company’s stock worth $9,793,000 after acquiring an additional 16,079 shares in the last quarter. Finally, Choreo LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter worth approximately $222,000.

Fidelity MSCI Financials Index ETF Trading Down 2.1%

Shares of FNCL opened at $70.39 on Friday. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 16.71 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 52 week low of $56.86 and a 52 week high of $74.26. The stock has a 50 day moving average of $69.04 and a 200-day moving average of $69.94.

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.