Mariner LLC Trims Stock Holdings in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL)

Mariner LLC lessened its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,613 shares of the company’s stock after selling 3,035 shares during the quarter. Mariner LLC’s holdings in Fidelity MSCI Financials Index ETF were worth $3,339,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AGF Management Ltd. increased its holdings in Fidelity MSCI Financials Index ETF by 55.0% in the 4th quarter. AGF Management Ltd. now owns 750,971 shares of the company’s stock valued at $51,577,000 after purchasing an additional 266,381 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Fidelity MSCI Financials Index ETF by 65.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 633,842 shares of the company’s stock worth $43,532,000 after acquiring an additional 249,736 shares in the last quarter. Strategic Point Investment Advisors LLC acquired a new position in Fidelity MSCI Financials Index ETF during the 4th quarter worth about $14,099,000. LPL Financial LLC boosted its holdings in Fidelity MSCI Financials Index ETF by 116.1% during the 4th quarter. LPL Financial LLC now owns 224,613 shares of the company’s stock valued at $15,426,000 after acquiring an additional 120,675 shares during the period. Finally, Procyon Advisors LLC acquired a new position in Fidelity MSCI Financials Index ETF in the 4th quarter valued at about $4,489,000.

Fidelity MSCI Financials Index ETF Stock Performance

Shares of FNCL opened at $63.47 on Tuesday. Fidelity MSCI Financials Index ETF has a 1 year low of $56.57 and a 1 year high of $74.26. The company’s 50-day simple moving average is $68.50 and its 200-day simple moving average is $69.39. The stock has a market capitalization of $1.97 billion, a PE ratio of 16.84 and a beta of 0.99.

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.