Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.4% in the first quarter, Holdings Channel reports. The firm owned 1,854,900 shares of the company’s stock after selling 65,353 shares during the period. Charles Schwab Investment Management Inc. owned 0.06% of Fidelity MSCI Financials Index ETF worth $128,953,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. CX Institutional purchased a new stake in Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $27,000. AdvisorNet Financial Inc purchased a new stake in Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $27,000. Spire Wealth Management raised its stake in Fidelity MSCI Financials Index ETF by 300.0% during the 1st quarter. Spire Wealth Management now owns 400 shares of the company’s stock valued at $28,000 after acquiring an additional 300 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $32,000. Finally, Fifth Third Bancorp purchased a new stake in Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $33,000.

Fidelity MSCI Financials Index ETF Stock Down 0.0%

FNCL opened at $73.68 on Tuesday. The business has a 50 day moving average price of $73.40 and a two-hundred day moving average price of $70.93. The company has a market cap of $2.27 billion, a PE ratio of 17.73 and a beta of 1.08. Fidelity MSCI Financials Index ETF has a 52 week low of $58.68 and a 52 week high of $75.86.

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.