Certified Advisory Corp Trims Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Certified Advisory Corp cut its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,364 shares of the company’s stock after selling 310 shares during the period. Certified Advisory Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $413,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Sweeney & Michel LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $994,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 8.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock worth $303,000 after purchasing an additional 150 shares during the period. Global Financial Private Client LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 12.2% in the 1st quarter. Global Financial Private Client LLC now owns 10,163 shares of the company’s stock valued at $1,585,000 after purchasing an additional 1,102 shares during the last quarter. Atria Investments Inc raised its position in Fidelity MSCI Information Technology Index ETF by 8.9% in the first quarter. Atria Investments Inc now owns 21,094 shares of the company’s stock valued at $3,287,000 after purchasing an additional 1,723 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Fidelity MSCI Information Technology Index ETF by 130.8% during the first quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock worth $14,884,000 after purchasing an additional 54,133 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.4 %

FTEC opened at $184.90 on Friday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $135.17 and a 52 week high of $186.33. The business has a fifty day simple moving average of $177.45 and a 200-day simple moving average of $170.38. The firm has a market cap of $11.52 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.