JPMorgan Chase & Co. Sells 895 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

JPMorgan Chase & Co. trimmed its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 0.9% during the third quarter, HoldingsChannel reports. The fund owned 96,732 shares of the company’s stock after selling 895 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Financials Index ETF were worth $6,177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new position in shares of Fidelity MSCI Financials Index ETF during the third quarter worth $34,000. American National Bank & Trust increased its holdings in Fidelity MSCI Financials Index ETF by 34.0% in the third quarter. American National Bank & Trust now owns 2,419 shares of the company’s stock valued at $154,000 after purchasing an additional 614 shares during the period. Farther Finance Advisors LLC raised its position in Fidelity MSCI Financials Index ETF by 11,189.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,161 shares of the company’s stock worth $202,000 after purchasing an additional 3,133 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new position in Fidelity MSCI Financials Index ETF during the 3rd quarter worth about $205,000. Finally, Franklin Resources Inc. grew its position in shares of Fidelity MSCI Financials Index ETF by 43.4% in the 3rd quarter. Franklin Resources Inc. now owns 3,306 shares of the company’s stock valued at $219,000 after buying an additional 1,000 shares during the last quarter.

Fidelity MSCI Financials Index ETF Trading Up 2.5 %

Shares of FNCL stock opened at $70.35 on Thursday. Fidelity MSCI Financials Index ETF has a 1-year low of $52.22 and a 1-year high of $73.69. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 14.87 and a beta of 0.96. The stock has a 50-day moving average of $70.41 and a 200-day moving average of $65.42.

Fidelity MSCI Financials Index ETF Profile

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.