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

Sigma Planning Corp cut its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 9.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,767 shares of the company’s stock after selling 2,271 shares during the period. Sigma Planning Corp owned 0.07% of Fidelity MSCI Financials Index ETF worth $1,538,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in FNCL. Independence Financial Advisors LLC purchased a new position in shares of Fidelity MSCI Financials Index ETF during the first quarter valued at approximately $9,710,000. AGF Management Ltd. increased its stake in shares of Fidelity MSCI Financials Index ETF by 10.4% during the first quarter. AGF Management Ltd. now owns 828,934 shares of the company’s stock valued at $57,627,000 after buying an additional 77,963 shares during the period. LPL Financial LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 26.8% during the first quarter. LPL Financial LLC now owns 284,906 shares of the company’s stock valued at $19,807,000 after buying an additional 60,293 shares during the period. Procyon Advisors LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 52.6% during the second quarter. Procyon Advisors LLC now owns 114,516 shares of the company’s stock valued at $8,479,000 after buying an additional 39,453 shares during the period. Finally, Buska Wealth Management LLC increased its stake in shares of Fidelity MSCI Financials Index ETF by 114.7% during the second quarter. Buska Wealth Management LLC now owns 68,815 shares of the company’s stock valued at $5,095,000 after buying an additional 36,769 shares during the period.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL opened at $74.47 on Thursday. Fidelity MSCI Financials Index ETF has a 52-week low of $58.68 and a 52-week high of $77.67. The stock has a market capitalization of $2.36 billion, a PE ratio of 17.73 and a beta of 1.02. The stock’s 50 day moving average price is $75.62 and its 200-day moving average price is $73.53.

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.