Tanager Wealth Management LLP Purchases Shares of 7,323 Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Tanager Wealth Management LLP purchased a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 7,323 shares of the company’s stock, valued at approximately $503,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNCL. Vicus Capital bought a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter valued at approximately $17,355,000. Strategic Point Investment Advisors LLC bought a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at approximately $14,099,000. Susquehanna International Group LLP raised its position in Fidelity MSCI Financials Index ETF by 631.6% during the 2nd quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock valued at $5,148,000 after purchasing an additional 76,706 shares during the last quarter. Procyon Advisors LLC bought a new position in Fidelity MSCI Financials Index ETF during the 4th quarter valued at approximately $4,489,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 3rd quarter worth approximately $22,430,000.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL stock opened at $72.74 on Wednesday. Fidelity MSCI Financials Index ETF has a fifty-two week low of $54.05 and a fifty-two week high of $74.07. The business’s 50 day moving average price is $70.75 and its two-hundred day moving average price is $66.64. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96.

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.