Montis Financial LLC Makes New $618,000 Investment in Fidelity MSCI Financials Index ETF $FNCL

Montis Financial LLC purchased a new position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,155 shares of the company’s stock, valued at approximately $618,000.

Other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC bought a new stake in Fidelity MSCI Financials Index ETF during the third quarter valued at $25,098,000. Kestra Advisory Services LLC bought a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth about $19,886,000. Royal Bank of Canada increased its stake in Fidelity MSCI Financials Index ETF by 370.6% in the 1st quarter. Royal Bank of Canada now owns 79,882 shares of the company’s stock worth $5,608,000 after acquiring an additional 62,906 shares during the last quarter. Maltin Wealth Management Inc. bought a new position in Fidelity MSCI Financials Index ETF in the 3rd quarter worth about $4,242,000. Finally, Signal Advisors Wealth LLC raised its holdings in shares of Fidelity MSCI Financials Index ETF by 238.9% in the 3rd quarter. Signal Advisors Wealth LLC now owns 37,305 shares of the company’s stock valued at $2,825,000 after acquiring an additional 26,297 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Up 1.5%

NYSEARCA:FNCL opened at $81.90 on Tuesday. The stock has a market cap of $2.37 billion, a P/E ratio of 17.73 and a beta of 0.89. The business’s 50-day moving average price is $79.24 and its two-hundred day moving average price is $76.65. Fidelity MSCI Financials Index ETF has a twelve month low of $67.76 and a twelve month high of $84.55.

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.