Atlas Capital Advisors Inc. Takes Position in Fidelity MSCI Financials Index ETF $FNCL

Atlas Capital Advisors Inc. bought a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the 4th quarter, Holdings Channel reports. The institutional investor bought 14,133 shares of the company’s stock, valued at approximately $1,099,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FNCL. Royal Bank of Canada grew its holdings in shares of Fidelity MSCI Financials Index ETF by 71.8% during the 1st quarter. Royal Bank of Canada now owns 30,610 shares of the company’s stock valued at $2,128,000 after purchasing an additional 12,791 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Fidelity MSCI Financials Index ETF by 113.4% during the 1st quarter. NewEdge Advisors LLC now owns 15,905 shares of the company’s stock valued at $1,106,000 after purchasing an additional 8,451 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Fidelity MSCI Financials Index ETF by 19.1% during the 1st quarter. Jones Financial Companies Lllp now owns 7,020 shares of the company’s stock valued at $479,000 after purchasing an additional 1,128 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $2,344,000. Finally, Focus Partners Wealth bought a new stake in shares of Fidelity MSCI Financials Index ETF during the 1st quarter valued at approximately $200,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of Fidelity MSCI Financials Index ETF stock opened at $76.07 on Monday. The firm has a market capitalization of $2.27 billion, a PE ratio of 17.73 and a beta of 0.90. The firm’s 50 day moving average is $73.57 and its 200 day moving average is $74.56. Fidelity MSCI Financials Index ETF has a 1 year low of $67.76 and a 1 year high of $80.31.

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.