Lineweaver Wealth Advisors LLC Sells 75 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Lineweaver Wealth Advisors LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,566 shares of the company’s stock after selling 75 shares during the quarter. Lineweaver Wealth Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $290,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FTEC. 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 buying an additional 68 shares in the last quarter. Truist Financial Corp boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after acquiring an additional 68 shares during the last quarter. Capital Advisors Inc. OK grew its stake in Fidelity MSCI Information Technology Index ETF by 4.0% during the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after acquiring an additional 74 shares in the last quarter. Accelerate Investment Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 7.6% during the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after acquiring an additional 94 shares in the last quarter. Finally, Valley Brook Capital Group Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 4.6% in the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after acquiring an additional 95 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $181.65 on Thursday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $193.06. The business has a 50 day simple moving average of $186.71 and a two-hundred day simple moving average of $180.27. The stock has a market capitalization of $13.22 billion, a PE ratio of 36.37 and a beta of 1.15.

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.