Walkner Condon Financial Advisors LLC lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 56.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,467 shares of the company’s stock after selling 3,160 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $430,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $32,000. Lynx Investment Advisory bought a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $37,000. Strategic Financial Concepts LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $43,000. Advisors Preferred LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $63,000. Finally, McClarren Financial Advisors Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 851.9% in the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock worth $88,000 after purchasing an additional 460 shares during the period.
Fidelity MSCI Information Technology Index ETF Trading Up 2.1 %
FTEC opened at $186.01 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $129.12 and a 12-month high of $186.11. The company has a market cap of $11.59 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The company’s 50 day moving average is $173.41 and its 200 day moving average is $167.70.
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.
See Also
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- 3 Fintech Stocks With Good 2021 Prospects
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
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.
