Spirit of America Management Corp NY Sells 195 Shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Spirit of America Management Corp NY lowered its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 7.1% during the third quarter, Holdings Channel.com reports. The firm owned 2,558 shares of the company’s stock after selling 195 shares during the quarter. Spirit of America Management Corp NY’s holdings in Fidelity MSCI Financials Index ETF were worth $163,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNCL. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Fidelity MSCI Financials Index ETF by 2.6% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,328 shares of the company’s stock worth $483,000 after purchasing an additional 210 shares during the last quarter. Capital Investment Counsel Inc lifted its stake in Fidelity MSCI Financials Index ETF by 3.8% during the 2nd quarter. Capital Investment Counsel Inc now owns 6,079 shares of the company’s stock valued at $352,000 after acquiring an additional 221 shares during the period. PFG Advisors boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 0.8% in the 2nd quarter. PFG Advisors now owns 27,950 shares of the company’s stock valued at $1,619,000 after acquiring an additional 223 shares during the last quarter. Pacific Sun Financial Corp increased its stake in shares of Fidelity MSCI Financials Index ETF by 4.4% in the third quarter. Pacific Sun Financial Corp now owns 5,818 shares of the company’s stock worth $372,000 after acquiring an additional 246 shares during the period. Finally, Stratos Wealth Advisors LLC raised its holdings in shares of Fidelity MSCI Financials Index ETF by 8.2% during the third quarter. Stratos Wealth Advisors LLC now owns 3,833 shares of the company’s stock worth $245,000 after purchasing an additional 289 shares during the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

NYSEARCA FNCL opened at $65.88 on Friday. Fidelity MSCI Financials Index ETF has a 1 year low of $43.90 and a 1 year high of $67.61. The company has a market capitalization of $1.83 billion, a PE ratio of 14.87 and a beta of 0.96. The company has a fifty day moving average of $64.00 and a 200 day moving average of $60.51.

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.