Fidelity MSCI Financials Index ETF $FNCL Holdings Boosted by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. increased its holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 19.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 81,814 shares of the company’s stock after purchasing an additional 13,304 shares during the quarter. Fidelity MSCI Financials Index ETF accounts for about 2.9% of Yoder Wealth Management Inc.’s holdings, making the stock its 9th biggest holding. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Financials Index ETF were worth $6,360,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of Fidelity MSCI Financials Index ETF by 71.8% in the 1st quarter. Royal Bank of Canada now owns 30,610 shares of the company’s stock worth $2,128,000 after acquiring an additional 12,791 shares in the last quarter. NewEdge Advisors LLC grew its stake in Fidelity MSCI Financials Index ETF by 113.4% in the first 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 raised its holdings in Fidelity MSCI Financials Index ETF by 19.1% in the first quarter. Jones Financial Companies Lllp now owns 7,020 shares of the company’s stock worth $479,000 after purchasing an additional 1,128 shares in the last quarter. Jane Street Group LLC bought a new position in Fidelity MSCI Financials Index ETF in the first quarter worth about $2,344,000. Finally, Focus Partners Wealth purchased a new stake in shares of Fidelity MSCI Financials Index ETF during the first quarter valued at about $200,000.

Fidelity MSCI Financials Index ETF Stock Performance

NYSEARCA:FNCL opened at $73.12 on Friday. The company’s 50-day simple moving average is $72.54 and its 200-day simple moving average is $74.87. Fidelity MSCI Financials Index ETF has a fifty-two week low of $61.92 and a fifty-two week high of $80.31. The stock has a market capitalization of $2.27 billion, a P/E ratio of 17.73 and a beta of 0.99.

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.