LPL Financial LLC Lowers Stock Position in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

LPL Financial LLC cut its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Get Rating) by 33.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 180,542 shares of the company’s stock after selling 88,953 shares during the period. LPL Financial LLC owned 0.59% of Fidelity MSCI Financials Index ETF worth $8,655,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Romano Brothers AND Company purchased a new stake in shares of Fidelity MSCI Financials Index ETF during the 4th quarter valued at $34,000. BOK Financial Private Wealth Inc. grew its stake in shares of Fidelity MSCI Financials Index ETF by 795.4% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 779 shares of the company’s stock valued at $37,000 after buying an additional 692 shares during the period. Kistler Tiffany Companies LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 16.8% during the 3rd quarter. Kistler Tiffany Companies LLC now owns 1,727 shares of the company’s stock valued at $74,000 after buying an additional 249 shares during the period. IFP Advisors Inc boosted its position in Fidelity MSCI Financials Index ETF by 45.4% during the 3rd quarter. IFP Advisors Inc now owns 1,876 shares of the company’s stock worth $84,000 after purchasing an additional 586 shares during the period. Finally, Captrust Financial Advisors boosted its position in Fidelity MSCI Financials Index ETF by 23,288.9% during the 2nd quarter. Captrust Financial Advisors now owns 2,105 shares of the company’s stock worth $94,000 after purchasing an additional 2,096 shares during the period.

Fidelity MSCI Financials Index ETF Trading Down 0.3 %

Shares of Fidelity MSCI Financials Index ETF stock opened at $44.01 on Friday. The company has a fifty day moving average price of $45.47 and a 200 day moving average price of $48.21. Fidelity MSCI Financials Index ETF has a twelve month low of $42.22 and a twelve month high of $52.66. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 9.61 and a beta of 1.08.

About Fidelity MSCI Financials Index ETF

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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.