Beaumont Financial Advisors LLC Acquires Shares of 25,440 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Beaumont Financial Advisors LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 25,440 shares of the company’s stock, valued at approximately $1,362,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. ICA Group Wealth Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the fourth quarter valued at approximately $30,000. Blair William & Co. IL grew its stake in shares of Fidelity MSCI Financials Index ETF by 219.6% during the first quarter. Blair William & Co. IL now owns 620 shares of the company’s stock valued at $28,000 after buying an additional 426 shares during the last quarter. Sanctuary Wealth Management L.L.C. grew its stake in shares of Fidelity MSCI Financials Index ETF by 134.5% during the third quarter. Sanctuary Wealth Management L.L.C. now owns 966 shares of the company’s stock valued at $45,000 after buying an additional 554 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Fidelity MSCI Financials Index ETF by 80.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,527 shares of the company’s stock valued at $73,000 after buying an additional 680 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Fidelity MSCI Financials Index ETF by 67.9% during the third quarter. Qube Research & Technologies Ltd now owns 1,882 shares of the company’s stock valued at $88,000 after buying an additional 761 shares during the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL opened at $56.74 on Friday. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 14.78 and a beta of 0.96. The stock’s 50 day moving average price is $57.22 and its 200-day moving average price is $52.81. Fidelity MSCI Financials Index ETF has a one year low of $42.78 and a one year 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.