Safeguard Financial LLC Sells 669 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Safeguard Financial LLC reduced its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 13.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 4,168 shares of the company’s stock after selling 669 shares during the period. Safeguard Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $727,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of FTEC. CHURCHILL MANAGEMENT Corp bought a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter worth $196,694,000. Kestra Investment Management LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth $23,275,000. Cetera Investment Advisers boosted its holdings 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 during the last quarter. AGF Management Ltd. grew its stake in Fidelity MSCI Information Technology Index ETF by 18.4% in the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock valued at $45,207,000 after purchasing an additional 40,910 shares during the period. Finally, Hartline Investment Corp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $4,705,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $178.00 on Wednesday. The firm has a market capitalization of $11.09 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one year low of $118.39 and a one year high of $181.49. The business has a fifty day moving average price of $169.46 and a 200-day moving average price of $164.71.

Fidelity MSCI Information Technology Index ETF Company 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.