Fidelity MSCI Financials Index ETF (FNCL)
|Ex-Dividend Date||Sep 17, 2021|
|Day's Range||55.25 - 56.19|
|Inception Date||Oct 21, 2013|
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials 25/50 Index. The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials 25/50 Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials 25/50 Index. The fund is non-diversified.
Top 10 Holdings40.86% of assets
|Bank of America||BAC||6.64%|
|The Goldman Sachs Group||GS||2.45%|
|Sep 17, 2021||$0.262||Sep 22, 2021|
|Jun 18, 2021||$0.226||Jun 23, 2021|
|Mar 19, 2021||$0.222||Mar 24, 2021|
|Dec 18, 2020||$0.219||Dec 23, 2020|
|Sep 18, 2020||$0.220||Sep 23, 2020|
|Jun 19, 2020||$0.225||Jun 24, 2020|
Financial sector exchange traded funds rallied Monday as bankers, and industry leaders welcomed President Joe Biden's nomination of Federal Reserve Chair Jerome Powell for a second four-year term. On Mo...
Sector ETF report for FNCL
After the coronavirus pandemic put many businesses on hold for a year, companies have kicked off an unprecedented deal-making spree, bolstering banks and financial sector-related exchange traded funds. ...
Financial sector-related exchange traded funds were dealt a blow Friday after the Federal Reserve planned to end coronavirus pandemic relief that provided a temporary capital buffer for big banks. On Fr...
As banks free up their cash hoards accumulated during the coronavirus pandemic, financial sector-related ETFs could benefit from the increased loan activity. In the months ahead, banks are expected to l...
September’s recent technology sell-off was a reminder that the sector isn’t immune despite its outperformance during the Covid-19 pandemic. With more investors eyeing value-oriented plays amid forthcomi...
JP Morgan Chase and other big bank stocks are higher today, driving financial ETFs higher as well, amid recent comments from the company’s CEO Jamie Dimon that are supportive of the racial protests foll...
Stocks are struggling on Wednesday after a strong start to the short holiday week, as tech companies are dragging down markets overcoming financial sector gains. Overnight the S&P 500 continued its rall...
U.S. stocks pared gains into the close after a big move to start the abridged holiday week, powered by inspiration that the economy will recover faster than expected, amid comments from Jamie Dimon. Fin...
Financials are making big moves on Tuesday, helping to drive stock indexes to another day of gains, in what has become a battle between bulls and bears, with bulls winning since late March.
Cheaper valuation, better earnings growth prospects, solid performance in Stress Test, dividend hike announcements and less chances of a rate cut should position financial ETFs in a good spot in 2H.