Advisory Services Network LLC Decreases Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Advisory Services Network LLC trimmed its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 45.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,958 shares of the company’s stock after selling 56,184 shares during the period. Advisory Services Network LLC owned 0.24% of Fidelity MSCI Financials Index ETF worth $4,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. AGF Management Ltd. increased its position in shares of Fidelity MSCI Financials Index ETF by 55.0% during the fourth quarter. AGF Management Ltd. now owns 750,971 shares of the company’s stock worth $51,577,000 after purchasing an additional 266,381 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 65.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 633,842 shares of the company’s stock worth $43,532,000 after purchasing an additional 249,736 shares in the last quarter. Congress Wealth Management LLC DE increased its position in shares of Fidelity MSCI Financials Index ETF by 0.8% during the fourth quarter. Congress Wealth Management LLC DE now owns 320,907 shares of the company’s stock worth $22,040,000 after purchasing an additional 2,464 shares in the last quarter. Vicus Capital increased its position in shares of Fidelity MSCI Financials Index ETF by 17.5% during the fourth quarter. Vicus Capital now owns 319,325 shares of the company’s stock worth $21,931,000 after purchasing an additional 47,531 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Fidelity MSCI Financials Index ETF by 116.1% during the fourth quarter. LPL Financial LLC now owns 224,613 shares of the company’s stock worth $15,426,000 after purchasing an additional 120,675 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL opened at $65.93 on Thursday. The business’s 50-day simple moving average is $69.88 and its 200-day simple moving average is $69.28. Fidelity MSCI Financials Index ETF has a one year low of $55.49 and a one year high of $74.26. The stock has a market capitalization of $2.04 billion, a P/E ratio of 16.56 and a beta of 1.00.

Fidelity MSCI Financials Index ETF Company 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.