Jacobs Equity LLC Takes Position in Fidelity MSCI Financials Index ETF $FNCL

Jacobs Equity LLC acquired a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 20,598 shares of the company’s stock, valued at approximately $1,601,000. Fidelity MSCI Financials Index ETF makes up approximately 1.5% of Jacobs Equity LLC’s holdings, making the stock its 16th biggest position.

A number of other hedge funds have also bought and sold shares of the business. Lido Advisors LLC boosted its holdings in Fidelity MSCI Financials Index ETF by 7.8% in the third quarter. Lido Advisors LLC now owns 2,704,058 shares of the company’s stock worth $206,428,000 after purchasing an additional 196,045 shares during the last quarter. AE Wealth Management LLC raised its stake in Fidelity MSCI Financials Index ETF by 7.8% during the 4th quarter. AE Wealth Management LLC now owns 110,510 shares of the company’s stock valued at $8,591,000 after buying an additional 8,002 shares during the last quarter. Maxele Advisors LLC purchased a new stake in Fidelity MSCI Financials Index ETF during the 3rd quarter valued at $2,227,000. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 55.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 38,378 shares of the company’s stock valued at $2,984,000 after buying an additional 13,738 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity MSCI Financials Index ETF by 4.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 219,088 shares of the company’s stock valued at $17,032,000 after buying an additional 10,040 shares during the period.

Fidelity MSCI Financials Index ETF Price Performance

FNCL stock opened at $76.03 on Friday. Fidelity MSCI Financials Index ETF has a 1 year low of $67.76 and a 1 year high of $80.31. The company has a market cap of $2.27 billion, a P/E ratio of 17.73 and a beta of 0.90. The stock’s fifty day moving average price is $74.04 and its 200-day moving average price is $74.61.

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.