Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by WealthShield Partners LLC

WealthShield Partners LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.8% during the 4th quarter, Holdings Channel reports. The firm owned 3,128 shares of the company’s stock after selling 192 shares during the period. WealthShield Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $578,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $219,000. JPMorgan Chase & Co. grew its holdings in Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after acquiring an additional 6,629 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Fidelity MSCI Information Technology Index ETF by 5.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after purchasing an additional 216 shares during the last quarter. FMR LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after purchasing an additional 5,739 shares in the last quarter. Finally, Signal Advisors Wealth LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 10.6% during the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock worth $296,000 after purchasing an additional 153 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 1.5 %

Shares of FTEC stock opened at $182.94 on Tuesday. The company has a market cap of $11.40 billion, a P/E ratio of 37.14 and a beta of 1.41. The firm has a fifty day moving average price of $186.94 and a 200 day moving average price of $180.12. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06.

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.