Parallel Advisors LLC cut its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,466 shares of the company’s stock after selling 300 shares during the period. Parallel Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $641,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Fifth Third Bancorp acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $37,000. Promus Capital LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $41,000. Mainstream Capital Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $44,000. Newbridge Financial Services Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $48,000. Finally, Sound Income Strategies LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 146.7% during the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after purchasing an additional 157 shares in the last quarter.
Fidelity MSCI Information Technology Index ETF Stock Down 0.6 %
Shares of NYSEARCA FTEC opened at $167.41 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The business has a 50 day moving average price of $180.58 and a two-hundred day moving average price of $180.16. The firm has a market cap of $11.82 billion, a PE ratio of 33.25 and a beta of 1.17.
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.
Featured Articles
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- Retail Stocks Investing, Explained
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Health Care Stocks Explained: Why You Might Want to Invest
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
