LexAurum Advisors LLC Sells 566 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

LexAurum Advisors LLC cut its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 20.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,149 shares of the company’s stock after selling 566 shares during the quarter. LexAurum Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $335,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of New Hampshire purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $25,000. Lynch & Associates IN boosted its holdings in Fidelity MSCI Information Technology Index ETF by 8.9% during the first quarter. Lynch & Associates IN now owns 21,361 shares of the company’s stock worth $3,329,000 after purchasing an additional 1,748 shares during the last quarter. Atlas Brown Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 3.0% during the first quarter. Atlas Brown Inc. now owns 10,237 shares of the company’s stock worth $1,595,000 after purchasing an additional 302 shares during the last quarter. Marotta Asset Management boosted its holdings in Fidelity MSCI Information Technology Index ETF by 17.4% during the first quarter. Marotta Asset Management now owns 10,433 shares of the company’s stock worth $1,626,000 after purchasing an additional 1,549 shares during the last quarter. Finally, Adirondack Trust Co. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 29.8% during the fourth quarter. Adirondack Trust Co. now owns 2,980 shares of the company’s stock worth $458,000 after purchasing an additional 685 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $171.62 on Friday. The stock has a market cap of $10.69 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $176.34. The firm’s 50-day simple moving average is $158.04 and its 200 day simple moving average is $152.21.

Fidelity MSCI Information Technology Index ETF Profile

(Free Report)

The Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. FTEC was launched on Oct 21, 2013 and is managed by Fidelity.

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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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