Spirit of America Management Corp NY Buys 213 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Spirit of America Management Corp NY lifted its stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,771 shares of the company’s stock after acquiring an additional 213 shares during the period. Spirit of America Management Corp NY’s holdings in Fidelity MSCI Financials Index ETF were worth $190,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in Fidelity MSCI Financials Index ETF in the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter worth $34,000. Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Financials Index ETF during the 4th quarter worth $98,000. Farther Finance Advisors LLC increased its position in Fidelity MSCI Financials Index ETF by 11,189.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock valued at $202,000 after buying an additional 3,133 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Fidelity MSCI Financials Index ETF in the fourth quarter valued at about $203,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of FNCL stock opened at $73.53 on Thursday. Fidelity MSCI Financials Index ETF has a fifty-two week low of $54.05 and a fifty-two week high of $74.07. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The stock’s 50-day simple moving average is $70.74 and its 200-day simple moving average is $66.73.

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.