HighTower Advisors LLC Sells 13,620 Shares of Fidelity MSCI Financials Index ETF $FNCL

HighTower Advisors LLC decreased its holdings in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 69,734 shares of the company’s stock after selling 13,620 shares during the quarter. HighTower Advisors LLC owned 0.22% of Fidelity MSCI Financials Index ETF worth $5,421,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FNCL. AlphaCore Capital LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 833.3% during the fourth quarter. AlphaCore Capital LLC now owns 448 shares of the company’s stock valued at $35,000 after buying an additional 400 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 340.6% during the fourth quarter. Sound Income Strategies LLC now owns 608 shares of the company’s stock valued at $47,000 after buying an additional 470 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Fidelity MSCI Financials Index ETF by 1,427.5% during the third quarter. Larson Financial Group LLC now owns 611 shares of the company’s stock valued at $47,000 after buying an additional 571 shares during the last quarter. Allworth Financial LP grew its stake in shares of Fidelity MSCI Financials Index ETF by 1,387.2% during the fourth quarter. Allworth Financial LP now owns 699 shares of the company’s stock valued at $54,000 after buying an additional 652 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Fidelity MSCI Financials Index ETF during the fourth quarter valued at approximately $69,000.

Fidelity MSCI Financials Index ETF Stock Performance

FNCL opened at $73.34 on Thursday. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 17.73 and a beta of 0.92. Fidelity MSCI Financials Index ETF has a one year low of $67.76 and a one year high of $80.31. The stock’s 50 day moving average price is $72.50 and its 200-day moving average price is $74.56.

Fidelity MSCI Financials Index ETF 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.