Quantitative Strategies Inc. Has $5.69 Million Stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Quantitative Strategies Inc. increased its position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,025 shares of the company’s stock after purchasing an additional 2,767 shares during the period. Fidelity MSCI Financials Index ETF makes up about 3.0% of Quantitative Strategies Inc.’s portfolio, making the stock its 12th biggest holding. Quantitative Strategies Inc. owned approximately 0.32% of Fidelity MSCI Financials Index ETF worth $5,685,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Pathway Financial Advisers LLC acquired a new stake in Fidelity MSCI Financials Index ETF during the 1st quarter worth approximately $58,000. CWM LLC raised its holdings in Fidelity MSCI Financials Index ETF by 55.2% in the 2nd quarter. CWM LLC now owns 998 shares of the company’s stock valued at $58,000 after acquiring an additional 355 shares in the last quarter. TFC Financial Management Inc. acquired a new position in Fidelity MSCI Financials Index ETF in the 2nd quarter valued at $58,000. American National Bank raised its holdings in Fidelity MSCI Financials Index ETF by 48.4% in the 2nd quarter. American National Bank now owns 1,805 shares of the company’s stock valued at $105,000 after acquiring an additional 589 shares in the last quarter. Finally, American National Bank & Trust raised its holdings in Fidelity MSCI Financials Index ETF by 34.0% in the 3rd quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock valued at $154,000 after acquiring an additional 614 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Shares of NYSEARCA FNCL opened at $66.56 on Friday. Fidelity MSCI Financials Index ETF has a fifty-two week low of $43.90 and a fifty-two week high of $67.61. The business has a fifty day moving average price of $63.92 and a two-hundred day moving average price of $60.46. The stock has a market capitalization of $1.85 billion, a PE ratio of 14.87 and a beta of 0.96.

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.