Buska Wealth Management LLC Reduces Stock Position in Fidelity MSCI Financials Index ETF $FNCL

Buska Wealth Management LLC trimmed its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 17.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,475 shares of the company’s stock after selling 12,340 shares during the period. Fidelity MSCI Financials Index ETF accounts for about 1.3% of Buska Wealth Management LLC’s holdings, making the stock its 18th largest holding. Buska Wealth Management LLC owned about 0.18% of Fidelity MSCI Financials Index ETF worth $4,311,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. AGF Management Ltd. lifted its stake in Fidelity MSCI Financials Index ETF by 47.4% during the third quarter. AGF Management Ltd. now owns 853,891 shares of the company’s stock worth $65,186,000 after purchasing an additional 274,708 shares during the last quarter. Modern Wealth Management LLC raised its holdings in Fidelity MSCI Financials Index ETF by 139.9% during the second quarter. Modern Wealth Management LLC now owns 137,539 shares of the company’s stock worth $10,183,000 after purchasing an additional 80,205 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Fidelity MSCI Financials Index ETF by 120.4% during 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 during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 3,394.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 56,819 shares of the company’s stock valued at $4,207,000 after buying an additional 55,193 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF in the 1st quarter valued at $2,344,000.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL opened at $74.78 on Friday. Fidelity MSCI Financials Index ETF has a 1-year low of $58.68 and a 1-year high of $80.31. The stock has a market cap of $2.36 billion, a PE ratio of 17.73 and a beta of 1.02. The firm has a fifty day moving average price of $76.80 and a 200 day moving average price of $75.95.

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.