Arkadios Wealth Advisors Takes Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Arkadios Wealth Advisors acquired a new stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,961 shares of the company’s stock, valued at approximately $203,000.

A number of other large investors have also made changes to their positions in FNCL. Franklin Resources Inc. raised its position in Fidelity MSCI Financials Index ETF by 43.4% in the third quarter. Franklin Resources Inc. now owns 3,306 shares of the company’s stock worth $219,000 after purchasing an additional 1,000 shares in the last quarter. FMR LLC raised its position in Fidelity MSCI Financials Index ETF by 6.1% in the third quarter. FMR LLC now owns 60,002 shares of the company’s stock worth $3,831,000 after purchasing an additional 3,438 shares in the last quarter. Fisher Asset Management LLC raised its position in Fidelity MSCI Financials Index ETF by 19.7% in the third quarter. Fisher Asset Management LLC now owns 6,017 shares of the company’s stock worth $384,000 after purchasing an additional 992 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Fidelity MSCI Financials Index ETF by 5.7% in the second quarter. Thrivent Financial for Lutherans now owns 119,858 shares of the company’s stock worth $6,945,000 after purchasing an additional 6,465 shares in the last quarter. Finally, Maltin Wealth Management Inc. raised its position in Fidelity MSCI Financials Index ETF by 2.1% in the third quarter. Maltin Wealth Management Inc. now owns 55,093 shares of the company’s stock worth $3,518,000 after purchasing an additional 1,109 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 0.4 %

NYSEARCA:FNCL opened at $72.43 on Friday. Fidelity MSCI Financials Index ETF has a 12-month low of $53.73 and a 12-month high of $73.69. The firm has a market capitalization of $2.01 billion, a PE ratio of 14.87 and a beta of 0.96. The firm has a 50-day moving average price of $70.54 and a 200 day moving average price of $65.92.

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.