Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Cantor Fitzgerald Investment Advisors L.P.

Cantor Fitzgerald Investment Advisors L.P. lessened its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,297 shares of the company’s stock after selling 643 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,828,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $456,000. Sanctuary Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at $878,000. Alpha Financial Partners LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at about $1,129,000. Brookstone Capital Management boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.9% during the 3rd quarter. Brookstone Capital Management now owns 30,346 shares of the company’s stock valued at $5,295,000 after buying an additional 851 shares during the period. Finally, Daymark Wealth Partners LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 11.0% in the third quarter. Daymark Wealth Partners LLC now owns 4,823 shares of the company’s stock valued at $842,000 after purchasing an additional 477 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.9 %

Shares of NYSEARCA:FTEC opened at $184.75 on Friday. The firm has a fifty day moving average price of $187.30 and a 200 day moving average price of $177.81. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The stock has a market capitalization of $11.51 billion, a PE ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Profile

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.