14,264 Shares in Fidelity MSCI Financials Index ETF $FNCL Bought by Traynor Capital Management Inc.

Traynor Capital Management Inc. purchased a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 14,264 shares of the company’s stock, valued at approximately $1,080,000.

Several other institutional investors and hedge funds have also made changes to their positions in FNCL. Royal Bank of Canada raised its holdings in Fidelity MSCI Financials Index ETF by 370.6% during the first quarter. Royal Bank of Canada now owns 79,882 shares of the company’s stock worth $5,608,000 after purchasing an additional 62,906 shares in the last quarter. Maltin Wealth Management Inc. bought a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter valued at $4,242,000. Kestra Advisory Services LLC boosted its stake in Fidelity MSCI Financials Index ETF by 17.2% during the 1st quarter. Kestra Advisory Services LLC now owns 242,191 shares of the company’s stock valued at $17,002,000 after purchasing an additional 35,569 shares in the last quarter. Signal Advisors Wealth LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 238.9% during the 3rd quarter. Signal Advisors Wealth LLC now owns 37,305 shares of the company’s stock valued at $2,825,000 after purchasing an additional 26,297 shares during the period. Finally, Procyon Advisors LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 19.2% during the 1st quarter. Procyon Advisors LLC now owns 155,754 shares of the company’s stock valued at $10,934,000 after purchasing an additional 25,067 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL opened at $81.34 on Tuesday. Fidelity MSCI Financials Index ETF has a one year low of $67.76 and a one year high of $83.35. The stock’s fifty day moving average is $79.35 and its 200-day moving average is $76.53. The company has a market capitalization of $2.36 billion, a PE ratio of 17.73 and a beta of 0.91.

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.