Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $647,000 Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,415 shares of the company’s stock after acquiring an additional 468 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Fidelity MSCI Financials Index ETF were worth $647,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Mutual Advisors LLC raised its stake in Fidelity MSCI Financials Index ETF by 2.5% during the fourth quarter. Mutual Advisors LLC now owns 6,107 shares of the company’s stock worth $433,000 after acquiring an additional 147 shares in the last quarter. Principal Securities Inc. raised its stake in Fidelity MSCI Financials Index ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 3,953 shares of the company’s stock worth $271,000 after acquiring an additional 182 shares in the last quarter. Spirit of America Management Corp NY raised its stake in Fidelity MSCI Financials Index ETF by 8.3% during the fourth quarter. Spirit of America Management Corp NY now owns 2,771 shares of the company’s stock worth $190,000 after acquiring an additional 213 shares in the last quarter. Sigma Planning Corp raised its stake in Fidelity MSCI Financials Index ETF by 3.3% during the third quarter. Sigma Planning Corp now owns 9,802 shares of the company’s stock worth $626,000 after acquiring an additional 316 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its stake in Fidelity MSCI Financials Index ETF by 2.6% during the third quarter. Glass Jacobson Investment Advisors llc now owns 12,373 shares of the company’s stock worth $790,000 after acquiring an additional 316 shares in the last quarter.

Fidelity MSCI Financials Index ETF Price Performance

Fidelity MSCI Financials Index ETF stock opened at $69.01 on Friday. Fidelity MSCI Financials Index ETF has a 52-week low of $55.49 and a 52-week high of $74.26. The firm has a market capitalization of $2.14 billion, a P/E ratio of 17.12 and a beta of 1.11. The stock has a fifty day moving average price of $71.47 and a two-hundred day moving average price of $68.56.

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.