First Horizon Advisors Inc. Sells 84 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

First Horizon Advisors Inc. cut its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 29.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 200 shares of the company’s stock after selling 84 shares during the quarter. First Horizon Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Aptus Capital Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares during the period. Truist Financial Corp grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.8% in the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after acquiring an additional 68 shares during the period. Capital Advisors Inc. OK grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% in the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock worth $337,000 after acquiring an additional 74 shares during the period. Accelerate Investment Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after acquiring an additional 94 shares during the period. Finally, Valley Brook Capital Group Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.6% in the fourth quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock worth $402,000 after acquiring an additional 95 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Down 3.6 %

Shares of NYSEARCA FTEC opened at $175.06 on Friday. The firm has a 50 day moving average of $186.64 and a 200 day moving average of $180.28. The firm has a market capitalization of $12.74 billion, a price-to-earnings ratio of 36.37 and a beta of 1.15. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06.

About Fidelity MSCI Information Technology Index ETF

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.