VCI Wealth Management LLC Makes New $3.54 Million Investment in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

VCI Wealth Management LLC bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 66,158 shares of the company’s stock, valued at approximately $3,543,000. Fidelity MSCI Financials Index ETF accounts for approximately 2.2% of VCI Wealth Management LLC’s portfolio, making the stock its 11th biggest position. VCI Wealth Management LLC owned approximately 0.23% of Fidelity MSCI Financials Index ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Atria Wealth Solutions Inc. increased its holdings in shares of Fidelity MSCI Financials Index ETF by 32.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 26,858 shares of the company’s stock valued at $1,438,000 after acquiring an additional 6,504 shares during the period. CWM LLC increased its holdings in shares of Fidelity MSCI Financials Index ETF by 804.3% in the 4th quarter. CWM LLC now owns 633 shares of the company’s stock valued at $34,000 after acquiring an additional 563 shares during the period. J.W. Cole Advisors Inc. acquired a new position in Fidelity MSCI Financials Index ETF in the 4th quarter valued at $294,000. Beaumont Financial Advisors LLC acquired a new position in Fidelity MSCI Financials Index ETF in the 4th quarter valued at $1,362,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Fidelity MSCI Financials Index ETF by 2.9% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,018 shares of the company’s stock valued at $429,000 after buying an additional 225 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL traded down $0.39 during trading on Thursday, hitting $57.46. The stock had a trading volume of 45,687 shares, compared to its average volume of 115,557. The firm has a market capitalization of $1.61 billion, a P/E ratio of 14.78 and a beta of 0.96. The company’s 50-day moving average price is $57.38 and its 200 day moving average price is $53.11. Fidelity MSCI Financials Index ETF has a twelve month low of $42.78 and a twelve month high of $59.50.

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.