Sigma Planning Corp Cuts Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Sigma Planning Corp trimmed its position in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 49.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,280 shares of the company’s stock after selling 8,014 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity MSCI Financials Index ETF were worth $443,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FNCL. Lido Advisors LLC boosted its stake in Fidelity MSCI Financials Index ETF by 4.5% during the third quarter. Lido Advisors LLC now owns 1,965,377 shares of the company’s stock worth $91,508,000 after buying an additional 85,382 shares during the period. Q3 Asset Management purchased a new position in Fidelity MSCI Financials Index ETF during the fourth quarter worth $4,112,000. Galvin Gaustad & Stein LLC boosted its stake in Fidelity MSCI Financials Index ETF by 74.7% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 178,176 shares of the company’s stock worth $9,541,000 after buying an additional 76,162 shares during the period. EP Wealth Advisors LLC boosted its stake in Fidelity MSCI Financials Index ETF by 2,257.7% during the third quarter. EP Wealth Advisors LLC now owns 41,802 shares of the company’s stock worth $1,946,000 after buying an additional 40,029 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Fidelity MSCI Financials Index ETF by 3,128.3% during the third quarter. Tower Research Capital LLC TRC now owns 26,343 shares of the company’s stock valued at $1,227,000 after purchasing an additional 25,527 shares during the period.

Fidelity MSCI Financials Index ETF Trading Down 0.7 %

Shares of FNCL opened at $57.46 on Friday. The firm has a market capitalization of $1.61 billion, a P/E ratio of 14.78 and a beta of 0.96. Fidelity MSCI Financials Index ETF has a 12-month low of $42.78 and a 12-month high of $59.50. The firm has a fifty day moving average price of $57.41 and a 200-day moving average price of $53.14.

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.