CAP Partners LLC Has $1.40 Million Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

CAP Partners LLC decreased its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,048 shares of the company’s stock after selling 587 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for approximately 1.0% of CAP Partners LLC’s investment portfolio, making the stock its 24th largest position. CAP Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,404,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Aptus Capital Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% in the third 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. EverSource Wealth Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth $32,000. Lynx Investment Advisory bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $37,000. Voisard Asset Management Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $89,000. Finally, McClarren Financial Advisors Inc. lifted its stake in Fidelity MSCI Information Technology Index ETF by 851.9% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock valued at $88,000 after acquiring an additional 460 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.0 %

Shares of FTEC opened at $179.40 on Monday. The stock has a 50 day moving average of $175.74 and a 200 day moving average of $169.37. Fidelity MSCI Information Technology Index ETF has a 12 month low of $135.17 and a 12 month high of $186.33. The company has a market capitalization of $11.18 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.