Congress Wealth Management LLC DE Increases Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Congress Wealth Management LLC DE lifted its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 1.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 311,620 shares of the company’s stock after purchasing an additional 5,073 shares during the quarter. Congress Wealth Management LLC DE owned 1.11% of Fidelity MSCI Financials Index ETF worth $18,510,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ICA Group Wealth Management LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the 4th quarter worth approximately $27,000. Tidemark LLC bought a new stake in Fidelity MSCI Financials Index ETF during the fourth quarter valued at about $30,000. CWM LLC raised its holdings in Fidelity MSCI Financials Index ETF by 804.3% during the fourth 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. American National Bank raised its holdings in Fidelity MSCI Financials Index ETF by 224.5% during the fourth quarter. American National Bank now owns 701 shares of the company’s stock valued at $38,000 after acquiring an additional 485 shares during the period. Finally, Sanctuary Wealth Management L.L.C. grew its position in shares of Fidelity MSCI Financials Index ETF by 56.2% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 1,509 shares of the company’s stock valued at $81,000 after purchasing an additional 543 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of Fidelity MSCI Financials Index ETF stock traded up $0.07 during trading on Monday, reaching $58.01. 87,818 shares of the stock traded hands, compared to its average volume of 100,570. The company has a market capitalization of $1.61 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 business has a fifty day simple moving average of $58.07 and a two-hundred day simple moving average of $56.52.

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.