Birchcreek Wealth Management LLC Grows Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Birchcreek Wealth Management LLC increased its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,219 shares of the company’s stock after buying an additional 438 shares during the quarter. Fidelity MSCI Financials Index ETF comprises 0.8% of Birchcreek Wealth Management LLC’s holdings, making the stock its 24th largest position. Birchcreek Wealth Management LLC owned 0.07% of Fidelity MSCI Financials Index ETF worth $1,320,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sigma Planning Corp lifted its position in Fidelity MSCI Financials Index ETF by 32.6% during the fourth quarter. Sigma Planning Corp now owns 13,002 shares of the company’s stock worth $893,000 after buying an additional 3,200 shares in the last quarter. Variant Private Wealth LLC purchased a new position in Fidelity MSCI Financials Index ETF during the fourth quarter worth approximately $528,000. Pacific Sun Financial Corp lifted its position in Fidelity MSCI Financials Index ETF by 14.8% during the fourth quarter. Pacific Sun Financial Corp now owns 6,679 shares of the company’s stock worth $459,000 after buying an additional 861 shares in the last quarter. Private Advisor Group LLC lifted its position in 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 worth $1,907,000 after buying an additional 20,997 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its position in Fidelity MSCI Financials Index ETF by 163.4% during the fourth quarter. Global Retirement Partners LLC now owns 4,003 shares of the company’s stock worth $275,000 after buying an additional 2,483 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $71.77 on Monday. Fidelity MSCI Financials Index ETF has a one year low of $55.49 and a one year high of $74.25. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The business’s 50 day moving average price is $71.10 and its 200 day moving average price is $67.85.

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.