Cwm LLC Grows Stock Holdings in Fidelity MSCI Financials Index ETF $FNCL

Cwm LLC boosted its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 347.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 32,406 shares of the company’s stock after acquiring an additional 25,164 shares during the period. Cwm LLC owned about 0.11% of Fidelity MSCI Financials Index ETF worth $2,399,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its stake in Fidelity MSCI Financials Index ETF by 8.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,132 shares of the company’s stock worth $704,000 after acquiring an additional 763 shares during the period. Golden State Wealth Management LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the 1st quarter worth approximately $32,000. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 40.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 65,216 shares of the company’s stock valued at $4,534,000 after purchasing an additional 18,887 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 1st quarter valued at $33,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 5.7% in the 1st quarter. Cetera Investment Advisers now owns 23,317 shares of the company’s stock valued at $1,621,000 after purchasing an additional 1,256 shares during the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 0.9%

Shares of FNCL opened at $73.75 on Friday. The firm has a market cap of $2.34 billion, a PE ratio of 17.73 and a beta of 1.08. The company’s fifty day moving average is $75.82 and its two-hundred day moving average is $72.53. Fidelity MSCI Financials Index ETF has a fifty-two week low of $58.68 and a fifty-two week high of $77.67.

About Fidelity MSCI Financials Index ETF

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.