Financial Partners Group Inc Has $18.49 Million Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Financial Partners Group Inc trimmed its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,954 shares of the company’s stock after selling 1,205 shares during the period. Fidelity MSCI Information Technology Index ETF comprises 2.7% of Financial Partners Group Inc’s holdings, making the stock its 13th largest position. Financial Partners Group Inc owned approximately 0.17% of Fidelity MSCI Information Technology Index ETF worth $18,489,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $32,000. Lynx Investment Advisory bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth approximately $37,000. McClarren Financial Advisors Inc. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 488.7% during the 1st quarter. McClarren Financial Advisors Inc. now owns 312 shares of the company’s stock worth $490,000 after acquiring an additional 259 shares during the last quarter. Advisors Preferred LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at $63,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $89,000.

Fidelity MSCI Information Technology Index ETF Stock Up 1.0 %

Shares of FTEC traded up $1.68 during trading hours on Tuesday, hitting $175.81. The company had a trading volume of 40,646 shares, compared to its average volume of 261,642. The business has a fifty day moving average of $172.71 and a 200-day moving average of $167.23. The firm has a market cap of $10.95 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 12 month low of $126.79 and a 12 month high of $181.99.

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.