Exchange Capital Management Inc. Sells 1,079 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Exchange Capital Management Inc. cut its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,997 shares of the company’s stock after selling 1,079 shares during the quarter. Exchange Capital Management Inc. owned approximately 0.12% of Fidelity MSCI Financials Index ETF worth $2,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Birchcreek Wealth Management LLC lifted its holdings in Fidelity MSCI Financials Index ETF by 2.3% in the fourth quarter. Birchcreek Wealth Management LLC now owns 19,219 shares of the company’s stock worth $1,320,000 after buying an additional 438 shares during the period. Sigma Planning Corp raised its position in shares of Fidelity MSCI Financials Index ETF by 32.6% in the 4th quarter. Sigma Planning Corp now owns 13,002 shares of the company’s stock worth $893,000 after acquiring an additional 3,200 shares in the last quarter. Variant Private Wealth LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF in the 4th quarter valued at approximately $528,000. Pacific Sun Financial Corp lifted its stake in shares of Fidelity MSCI Financials Index ETF by 14.8% in the 4th quarter. Pacific Sun Financial Corp now owns 6,679 shares of the company’s stock valued at $459,000 after purchasing an additional 861 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of Fidelity MSCI Financials Index ETF by 310.3% during the fourth quarter. Private Advisor Group LLC now owns 27,764 shares of the company’s stock valued at $1,907,000 after purchasing an additional 20,997 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 0.1 %

Shares of FNCL stock opened at $71.83 on Tuesday. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 17.12 and a beta of 1.11. The business’s fifty day moving average is $71.10 and its 200 day moving average is $67.91. Fidelity MSCI Financials Index ETF has a twelve month low of $55.49 and a twelve month high of $74.25.

Fidelity MSCI Financials Index ETF Company 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.