Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Cooper Financial Group

Cooper Financial Group lowered its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 11,872 shares of the company’s stock after selling 99 shares during the quarter. Cooper Financial Group’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,195,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $32,000. Voisard Asset Management Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $89,000. FSA Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $90,000. Finally, Assetmark Inc. grew its holdings in Fidelity MSCI Information Technology Index ETF by 158.6% during the 3rd quarter. Assetmark Inc. now owns 613 shares of the company’s stock valued at $107,000 after purchasing an additional 376 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC traded down $2.38 during trading hours on Monday, reaching $180.14. 242,774 shares of the stock traded hands, compared to its average volume of 322,662. The firm’s fifty day simple moving average is $186.31 and its two-hundred day simple moving average is $176.54. The company has a market cap of $11.22 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $140.72 and a fifty-two week high of $192.96.

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.