Soltis Investment Advisors LLC Sells 291 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Soltis Investment Advisors LLC decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,733 shares of the company’s stock after selling 291 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Raymond James & Associates raised its position in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock worth $2,868,000 after purchasing an additional 165 shares during the period. Ritholtz Wealth Management acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $211,000. DAVENPORT & Co LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 63.3% in the fourth quarter. DAVENPORT & Co LLC now owns 4,621 shares of the company’s stock valued at $664,000 after buying an additional 1,791 shares during the period. WealthShield Partners LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 11.0% in the 4th quarter. WealthShield Partners LLC now owns 3,450 shares of the company’s stock valued at $496,000 after acquiring an additional 343 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $9,538,000.

Fidelity MSCI Information Technology Index ETF Trading Down 2.6 %

Shares of Fidelity MSCI Information Technology Index ETF stock traded down $4.28 during trading on Friday, reaching $158.74. The stock had a trading volume of 646,266 shares, compared to its average volume of 281,172. The company has a market capitalization of $9.89 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The stock has a fifty day moving average price of $169.90 and a two-hundred day moving average price of $158.61. Fidelity MSCI Information Technology Index ETF has a 52 week low of $118.39 and a 52 week high of $181.11.

Fidelity MSCI Information Technology Index ETF Company 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.