Sigma Planning Corp Decreases Stock Position in Fidelity MSCI Financials Index ETF $FNCL

Sigma Planning Corp trimmed its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 33.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,209 shares of the company’s stock after selling 7,165 shares during the period. Sigma Planning Corp’s holdings in Fidelity MSCI Financials Index ETF were worth $997,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada boosted its position in shares of Fidelity MSCI Financials Index ETF by 71.8% during the first quarter. Royal Bank of Canada now owns 30,610 shares of the company’s stock valued at $2,128,000 after buying an additional 12,791 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Fidelity MSCI Financials Index ETF by 113.4% during the 1st quarter. NewEdge Advisors LLC now owns 15,905 shares of the company’s stock valued at $1,106,000 after acquiring an additional 8,451 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of 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 acquiring an additional 1,128 shares during the period. Jane Street Group LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the first quarter valued at approximately $2,344,000. Finally, Focus Partners Wealth purchased a new position in shares of Fidelity MSCI Financials Index ETF during the first quarter valued at approximately $200,000.

Fidelity MSCI Financials Index ETF Stock Down 0.9%

Shares of Fidelity MSCI Financials Index ETF stock opened at $80.32 on Friday. Fidelity MSCI Financials Index ETF has a twelve month low of $67.76 and a twelve month high of $81.19. The company’s 50 day moving average is $75.93 and its 200 day moving average is $74.79. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 17.73 and a beta of 0.90.

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.