Lido Advisors LLC Has $187.44 Million Stake in Fidelity MSCI Financials Index ETF $FNCL

Lido Advisors LLC lowered its stake in shares of Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) by 1.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,670,135 shares of the company’s stock after selling 37,490 shares during the period. Fidelity MSCI Financials Index ETF makes up 0.6% of Lido Advisors LLC’s portfolio, making the stock its 18th biggest position. Lido Advisors LLC owned approximately 8.96% of Fidelity MSCI Financials Index ETF worth $187,444,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV raised its position in shares of Fidelity MSCI Financials Index ETF by 3,442.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 274,140 shares of the company’s stock valued at $20,928,000 after acquiring an additional 266,401 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity MSCI Financials Index ETF by 122.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 209,048 shares of the company’s stock valued at $15,959,000 after purchasing an additional 115,117 shares during the period. Kestra Advisory Services LLC increased its stake in Fidelity MSCI Financials Index ETF by 45.4% in the fourth quarter. Kestra Advisory Services LLC now owns 206,622 shares of the company’s stock valued at $16,063,000 after purchasing an additional 64,555 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Fidelity MSCI Financials Index ETF by 120.4% in the second quarter. Ameriprise Financial Inc. now owns 103,983 shares of the company’s stock valued at $7,702,000 after purchasing an additional 56,806 shares in the last quarter. Finally, LPL Financial LLC increased its stake in Fidelity MSCI Financials Index ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 347,864 shares of the company’s stock valued at $27,043,000 after purchasing an additional 56,045 shares in the last quarter.

Fidelity MSCI Financials Index ETF Stock Down 0.2%

Shares of NYSEARCA FNCL opened at $79.89 on Thursday. Fidelity MSCI Financials Index ETF has a twelve month low of $67.76 and a twelve month high of $81.19. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 17.73 and a beta of 0.90. The company’s fifty day moving average is $76.34 and its 200-day moving average is $74.80.

Fidelity MSCI Financials Index ETF Company 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.