Spire Wealth Management Sells 294 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Spire Wealth Management cut its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,113 shares of the company’s stock after selling 294 shares during the quarter. Spire Wealth Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,315,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC raised its stake in shares of 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 during the period. Fifth Third Bancorp purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $37,000. Sound Income Strategies LLC grew its position in Fidelity MSCI Information Technology Index ETF by 146.7% during the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock worth $49,000 after buying an additional 157 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $69,000. Finally, Voisard Asset Management Group Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth about $89,000.

Fidelity MSCI Information Technology Index ETF Stock Down 1.6 %

Fidelity MSCI Information Technology Index ETF stock opened at $180.51 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The business has a 50-day simple moving average of $187.33 and a 200 day simple moving average of $177.54. The stock has a market cap of $11.25 billion, a price-to-earnings 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.