Birchcreek Wealth Management LLC Trims Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Birchcreek Wealth Management LLC reduced its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,781 shares of the company’s stock after selling 669 shares during the period. Birchcreek Wealth Management LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $1,199,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 1st quarter worth approximately $58,000. CWM LLC raised its position in Fidelity MSCI Financials Index ETF by 55.2% during the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock worth $58,000 after buying an additional 355 shares during the last quarter. TFC Financial Management Inc. purchased a new position in Fidelity MSCI Financials Index ETF during the 2nd quarter worth $58,000. American National Bank raised its position in Fidelity MSCI Financials Index ETF by 48.4% during the 2nd quarter. American National Bank now owns 1,805 shares of the company’s stock worth $105,000 after buying an additional 589 shares during the last quarter. Finally, American National Bank & Trust raised its position in Fidelity MSCI Financials Index ETF by 34.0% during the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock worth $154,000 after buying an additional 614 shares during the last quarter.

Fidelity MSCI Financials Index ETF Trading Up 0.5 %

Shares of FNCL traded up $0.33 during trading hours on Friday, reaching $71.06. The company had a trading volume of 4,545 shares, compared to its average volume of 100,522. The firm has a 50 day simple moving average of $65.35 and a 200-day simple moving average of $61.55. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 12-month low of $48.60 and a 12-month high of $71.62.

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.