HighTower Advisors LLC Lowers Stock Holdings in Fidelity MSCI Financials Index ETF $FNCL

HighTower Advisors LLC trimmed its stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,734 shares of the company’s stock after selling 13,620 shares during the period. HighTower Advisors LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $5,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in FNCL. Lido Advisors LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 7.8% in the 3rd quarter. Lido Advisors LLC now owns 2,704,058 shares of the company’s stock worth $206,428,000 after purchasing an additional 196,045 shares during the period. AE Wealth Management LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 10.5% in the 3rd quarter. AE Wealth Management LLC now owns 102,508 shares of the company’s stock worth $7,825,000 after purchasing an additional 9,778 shares during the period. Maxele Advisors LLC purchased a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter worth approximately $2,227,000. Robertson Stephens Wealth Management LLC lifted its position in shares of Fidelity MSCI Financials Index ETF by 55.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 38,378 shares of the company’s stock worth $2,984,000 after purchasing an additional 13,738 shares during the period. Finally, PFG Advisors purchased a new stake in shares of Fidelity MSCI Financials Index ETF in the 3rd quarter worth approximately $1,423,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of FNCL opened at $73.34 on Thursday. The company has a 50 day moving average price of $72.50 and a 200-day moving average price of $74.56. Fidelity MSCI Financials Index ETF has a fifty-two week low of $67.76 and a fifty-two week high of $80.31. The stock has a market capitalization of $2.19 billion, a PE ratio of 17.73 and a beta of 0.92.

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.