Procyon Advisors LLC Purchases New Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Procyon Advisors LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 65,356 shares of the company’s stock, valued at approximately $4,489,000. Procyon Advisors LLC owned about 0.24% of Fidelity MSCI Financials Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vicus Capital bought a new position in Fidelity MSCI Financials Index ETF in the third quarter worth approximately $17,355,000. Thrivent Financial for Lutherans lifted its position in Fidelity MSCI Financials Index ETF by 13.3% during the third quarter. Thrivent Financial for Lutherans now owns 135,757 shares of the company’s stock valued at $8,669,000 after acquiring an additional 15,899 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity MSCI Financials Index ETF by 266.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,131 shares of the company’s stock worth $5,686,000 after purchasing an additional 71,320 shares during the last quarter. Quantitative Strategies Inc. boosted its position in shares of Fidelity MSCI Financials Index ETF by 3.2% in the 3rd quarter. Quantitative Strategies Inc. now owns 89,025 shares of the company’s stock worth $5,685,000 after purchasing an additional 2,767 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in Fidelity MSCI Financials Index ETF by 631.6% in the second quarter. Susquehanna International Group LLP now owns 88,851 shares of the company’s stock valued at $5,148,000 after buying an additional 76,706 shares during the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 0.8 %

FNCL opened at $70.89 on Friday. Fidelity MSCI Financials Index ETF has a 52-week low of $52.22 and a 52-week high of $73.69. The company has a market cap of $1.97 billion, a P/E ratio of 14.87 and a beta of 0.96. The firm’s 50-day moving average price is $70.44 and its 200-day moving average price is $65.46.

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.