Fidelity MSCI Financials Index ETF $FNCL Shares Purchased by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. raised its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 14.5% in the first quarter, Holdings Channel reports. The fund owned 93,649 shares of the company’s stock after acquiring an additional 11,835 shares during the period. Fidelity MSCI Financials Index ETF comprises approximately 3.0% of Yoder Wealth Management Inc.’s holdings, making the stock its 7th biggest position. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $6,574,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FNCL. Royal Bank of Canada increased its position in shares of Fidelity MSCI Financials Index ETF by 71.8% during the 1st quarter. Royal Bank of Canada now owns 30,610 shares of the company’s stock worth $2,128,000 after purchasing an additional 12,791 shares in the last quarter. NewEdge Advisors LLC boosted its position in Fidelity MSCI Financials Index ETF by 113.4% in the first quarter. NewEdge Advisors LLC now owns 15,905 shares of the company’s stock valued at $1,106,000 after buying an additional 8,451 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Fidelity MSCI Financials Index ETF by 19.1% during the first quarter. Jones Financial Companies Lllp now owns 7,020 shares of the company’s stock worth $479,000 after buying an additional 1,128 shares during the last quarter. Jane Street Group LLC bought a new stake in Fidelity MSCI Financials Index ETF during the first quarter worth about $2,344,000. Finally, Focus Partners Wealth bought a new stake in Fidelity MSCI Financials Index ETF during the first quarter worth about $200,000.

Fidelity MSCI Financials Index ETF Trading Up 0.3%

NYSEARCA FNCL opened at $76.50 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 50 day moving average of $74.40 and a 200-day moving average of $74.65. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 17.73 and a beta of 0.90.

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.