Modern Wealth Management LLC Purchases 80,205 Shares of Fidelity MSCI Financials Index ETF $FNCL

Modern Wealth Management LLC grew its position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 139.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,539 shares of the company’s stock after acquiring an additional 80,205 shares during the quarter. Modern Wealth Management LLC owned 0.45% of Fidelity MSCI Financials Index ETF worth $10,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Blue Capital Inc. purchased a new position in shares of Fidelity MSCI Financials Index ETF in the second quarter valued at $1,066,000. Bank of America Corp DE lifted its position in Fidelity MSCI Financials Index ETF by 17.4% during the second quarter. Bank of America Corp DE now owns 102,212 shares of the company’s stock valued at $7,568,000 after purchasing an additional 15,136 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Fidelity MSCI Financials Index ETF by 120.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 103,983 shares of the company’s stock worth $7,702,000 after buying an additional 56,806 shares in the last quarter. Quantinno Capital Management LP increased its holdings in shares of Fidelity MSCI Financials Index ETF by 15.0% in the 2nd quarter. Quantinno Capital Management LP now owns 18,459 shares of the company’s stock worth $1,367,000 after buying an additional 2,401 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in shares of Fidelity MSCI Financials Index ETF by 14.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,801 shares of the company’s stock valued at $133,000 after buying an additional 223 shares in the last quarter.

Fidelity MSCI Financials Index ETF Trading Down 0.0%

Shares of NYSEARCA:FNCL opened at $78.14 on Friday. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 17.73 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 12 month low of $58.68 and a 12 month high of $78.46. The company has a 50-day moving average price of $74.88 and a 200 day moving average price of $74.57.

About Fidelity MSCI Financials Index ETF

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.