KCM Investment Advisors LLC Trims Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

KCM Investment Advisors LLC lessened its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,102 shares of the company’s stock after selling 201 shares during the period. KCM Investment Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $541,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. WealthShield Partners LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.2% during the second quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock valued at $579,000 after acquiring an additional 73 shares during the last quarter. Capital Advisors Inc. OK boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after acquiring an additional 74 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock valued at $370,000 after acquiring an additional 76 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.4% during the second quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock valued at $598,000 after acquiring an additional 81 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 2.4 %

NYSEARCA FTEC opened at $179.39 on Friday. The company has a market capitalization of $11.18 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.55 and a twelve month high of $186.33. The business’s 50-day moving average price is $175.32 and its 200 day moving average price is $169.01.

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.