Tidemark LLC Invests $30,000 in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Tidemark LLC bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 554 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates acquired a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter valued at about $248,000. Bank of New York Mellon Corp acquired a new position in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter valued at $373,000. Lincoln National Corp raised its stake in Fidelity MSCI Financials Index ETF by 36.8% during the 3rd quarter. Lincoln National Corp now owns 56,085 shares of the company’s stock worth $2,611,000 after acquiring an additional 15,079 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its position in Fidelity MSCI Financials Index ETF by 7.0% in the third quarter. Glass Jacobson Investment Advisors llc now owns 10,111 shares of the company’s stock valued at $471,000 after acquiring an additional 662 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 0.7% during the third quarter. Kestra Private Wealth Services LLC now owns 35,206 shares of the company’s stock worth $1,639,000 after purchasing an additional 255 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Up 0.8 %

Shares of Fidelity MSCI Financials Index ETF stock traded up $0.44 on Friday, hitting $58.62. The stock had a trading volume of 48,058 shares, compared to its average volume of 109,758. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 52-week low of $43.90 and a 52-week high of $59.77. The company’s 50 day moving average price is $58.03 and its 200 day moving average price is $54.95.

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.