Sigma Planning Corp Sells 7,165 Shares of Fidelity MSCI Financials Index ETF $FNCL

Sigma Planning Corp lowered its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 33.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 14,209 shares of the company’s stock after selling 7,165 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity MSCI Financials Index ETF were worth $997,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. AE Wealth Management LLC raised its holdings in Fidelity MSCI Financials Index ETF by 7.8% in the 4th quarter. AE Wealth Management LLC now owns 110,510 shares of the company’s stock worth $8,591,000 after purchasing an additional 8,002 shares during the period. Robertson Stephens Wealth Management LLC grew its holdings in Fidelity MSCI Financials Index ETF by 55.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 38,378 shares of the company’s stock valued at $2,984,000 after purchasing an additional 13,738 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity MSCI Financials Index ETF by 4.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 219,088 shares of the company’s stock valued at $17,032,000 after purchasing an additional 10,040 shares during the period. Blue Jean Financial LLC purchased a new stake in Fidelity MSCI Financials Index ETF in the fourth quarter worth about $793,000. Finally, Kestra Advisory Services LLC increased its position in Fidelity MSCI Financials Index ETF by 17.2% in the first quarter. Kestra Advisory Services LLC now owns 242,191 shares of the company’s stock worth $17,002,000 after buying an additional 35,569 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Down 0.9%

NYSEARCA FNCL opened at $80.32 on Friday. Fidelity MSCI Financials Index ETF has a 52 week low of $67.76 and a 52 week high of $81.19. The company has a market capitalization of $2.35 billion, a P/E ratio of 17.73 and a beta of 0.90. The stock’s 50-day moving average price is $75.93 and its 200-day moving average price is $74.79.

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.