Fidelity MSCI Financials Index ETF $FNCL Stake Lessened by Retirement Planning Group LLC

Retirement Planning Group LLC cut its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 99.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,055 shares of the company’s stock after selling 8,626,608 shares during the quarter. Retirement Planning Group LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $1,367,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. LongView Wealth Management increased its stake in shares of Fidelity MSCI Financials Index ETF by 25.6% during the third quarter. LongView Wealth Management now owns 12,790 shares of the company’s stock worth $968,000 after buying an additional 2,610 shares during the period. Robertson Stephens Wealth Management LLC acquired a new stake in Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $1,100,000. Mather Group LLC. acquired a new stake in Fidelity MSCI Financials Index ETF in the third quarter valued at approximately $115,000. Signal Advisors Wealth LLC raised its holdings in Fidelity MSCI Financials Index ETF by 238.9% in the third quarter. Signal Advisors Wealth LLC now owns 37,305 shares of the company’s stock valued at $2,825,000 after acquiring an additional 26,297 shares in the last quarter. Finally, Maltin Wealth Management Inc. purchased a new position in Fidelity MSCI Financials Index ETF in the third quarter worth approximately $4,242,000.

Fidelity MSCI Financials Index ETF Stock Up 1.2%

Shares of Fidelity MSCI Financials Index ETF stock opened at $78.79 on Wednesday. Fidelity MSCI Financials Index ETF has a 52-week low of $67.76 and a 52-week high of $83.35. The company has a market capitalization of $2.30 billion, a P/E ratio of 17.73 and a beta of 0.91. The company has a 50 day moving average of $79.81 and a 200 day moving average of $77.50.

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.