Wealthspire Advisors LLC Trims Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Wealthspire Advisors LLC trimmed its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,967 shares of the company’s stock after selling 61 shares during the quarter. Wealthspire Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $364,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. JBR Co Financial Management Inc raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 74.5% in the fourth quarter. JBR Co Financial Management Inc now owns 8,998 shares of the company’s stock worth $1,664,000 after purchasing an additional 3,843 shares during the last quarter. Sigma Planning Corp raised its position in Fidelity MSCI Information Technology Index ETF by 10.0% during the fourth quarter. Sigma Planning Corp now owns 31,046 shares of the company’s stock valued at $5,740,000 after acquiring an additional 2,819 shares in the last quarter. Dahring Cusmano LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $2,235,000. Capital Investment Counsel Inc raised its position in Fidelity MSCI Information Technology Index ETF by 742.5% during the fourth quarter. Capital Investment Counsel Inc now owns 615 shares of the company’s stock valued at $114,000 after acquiring an additional 542 shares in the last quarter. Finally, Morningstar Investment Management LLC raised its position in Fidelity MSCI Information Technology Index ETF by 18.7% during the fourth quarter. Morningstar Investment Management LLC now owns 60,223 shares of the company’s stock valued at $11,134,000 after acquiring an additional 9,505 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.8 %

Shares of FTEC stock opened at $181.65 on Thursday. The stock has a 50 day moving average of $186.71 and a 200 day moving average of $180.27. The stock has a market cap of $13.22 billion, a P/E ratio of 36.37 and a beta of 1.15. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve 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.