Capital Investment Counsel Inc Sells 199 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Capital Investment Counsel Inc lessened its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,681 shares of the company’s stock after selling 199 shares during the period. Capital Investment Counsel Inc’s holdings in Fidelity MSCI Financials Index ETF were worth $390,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FNCL. Creative Planning raised its holdings in shares of Fidelity MSCI Financials Index ETF by 21.4% during the third quarter. Creative Planning now owns 8,726 shares of the company’s stock valued at $557,000 after acquiring an additional 1,537 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the third quarter valued at approximately $22,430,000. Yoder Wealth Management Inc. raised its holdings in shares of Fidelity MSCI Financials Index ETF by 7.6% during the third quarter. Yoder Wealth Management Inc. now owns 51,578 shares of the company’s stock valued at $3,294,000 after acquiring an additional 3,653 shares in the last quarter. Quantitative Strategies Inc. grew its stake in Fidelity MSCI Financials Index ETF by 3.2% in the third 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 during the period. Finally, Court Place Advisors LLC grew its stake in Fidelity MSCI Financials Index ETF by 2.0% in the third quarter. Court Place Advisors LLC now owns 8,537 shares of the company’s stock worth $545,000 after purchasing an additional 170 shares during the period.

Fidelity MSCI Financials Index ETF Stock Down 1.6 %

Shares of FNCL stock opened at $72.85 on Friday. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The business’s fifty day moving average is $71.08 and its 200 day moving average is $67.68. Fidelity MSCI Financials Index ETF has a twelve month low of $55.35 and a twelve month high of $74.25.

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.