Lido Advisors LLC Buys 196,045 Shares of Fidelity MSCI Financials Index ETF $FNCL

Lido Advisors LLC grew its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 7.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,704,058 shares of the company’s stock after purchasing an additional 196,045 shares during the period. Fidelity MSCI Financials Index ETF makes up 0.6% of Lido Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Lido Advisors LLC owned about 8.53% of Fidelity MSCI Financials Index ETF worth $206,428,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNCL. Paragon Private Wealth Management LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 2.3% in the 3rd quarter. Paragon Private Wealth Management LLC now owns 7,118 shares of the company’s stock valued at $543,000 after buying an additional 163 shares during the period. Mcrae Capital Management Inc. raised its stake in Fidelity MSCI Financials Index ETF by 3.3% during the 3rd quarter. Mcrae Capital Management Inc. now owns 6,312 shares of the company’s stock worth $482,000 after buying an additional 202 shares during the period. Qube Research & Technologies Ltd boosted its holdings in Fidelity MSCI Financials Index ETF by 14.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,801 shares of the company’s stock worth $133,000 after acquiring an additional 223 shares in the last quarter. Pacific Sun Financial Corp boosted its holdings in Fidelity MSCI Financials Index ETF by 2.8% in the third quarter. Pacific Sun Financial Corp now owns 8,521 shares of the company’s stock worth $650,000 after acquiring an additional 234 shares in the last quarter. Finally, Harbor Asset Planning Inc. grew its stake in Fidelity MSCI Financials Index ETF by 1.0% in the third quarter. Harbor Asset Planning Inc. now owns 28,642 shares of the company’s stock valued at $2,187,000 after acquiring an additional 294 shares during the period.

Fidelity MSCI Financials Index ETF Stock Down 0.0%

NYSEARCA FNCL opened at $69.39 on Monday. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 17.73 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 52 week low of $58.68 and a 52 week high of $80.31. The business has a 50 day moving average price of $75.33 and a 200-day moving average price of $75.69.

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.