[ad_1]
Raymond James Financial Services Advisors Inc. reduced its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA: FTEC – Free Report) by 3.3% during the fourth quarter, according to Holdings Channel. The company now owns 31,454 shares of the company’s stock after selling 1,074 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in the Fidelity MSCI Information Technology Index ETF were valued at $4,518,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently adjusted their holdings in the company. Citigroup increased its holdings of Fidelity MSCI Information Technology Index ETF shares by 20,300.0% in the second quarter. Citigroup now owns 204 shares of the company’s stock valued at $27,000 after purchasing an additional 203 shares during the last quarter. NBC Securities purchased a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $29,000. Tyler Stone Wealth Management bought a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $34,000. Steward Partners Investment Advisory LLC increased its holdings in the Fidelity MSCI Information Technology Index ETF by 1,452.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 295 shares of the company’s stock valued at $34,000 after purchasing an additional 276 shares during the last quarter. Finally, Provence Wealth Management Group purchased a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $37,000.
Fidelity MSCI Information Technology Index ETF traded up 1.2%
Shares of NYSEARCA:FTEC opened at $154.02 on Friday. The stock has a market capitalization of $8.59 billion, a P/E ratio of 22.84, and a beta of 1.16. The Fidelity MSCI Information Technology Index ETF has a 1-year low of $108.86 and a 1-year high of $159.43. The business has a 50-day moving average price of $153.47 and a 200-day moving average price of $140.85.
About Fidelity MSCI Information Technology Index ETF
(free report)
The Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that invests primarily in information technology stocks. The fund tracks a market capitalization-weighted index of U.S. information technology industry stocks. FTEC was launched on October 21, 2013 and is managed by Fidelity.
Featured Stories
Want to know which hedge funds hold FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Fidelity MSCI Information Technology Index ETF (NYSEARCA: FTEC – Free Report).
Receive daily news and ratings on the MSCI Information Technology Index ETF – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for the Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com’s free daily email newsletter.
[ad_2]
Source link