Allworth Financial LP Sells 392 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Allworth Financial LP lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 18,236 shares of the company’s stock after selling 392 shares during the period. Allworth Financial LP’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,502,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 165.8% during the 3rd quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after purchasing an additional 1,421 shares during the period. JPMorgan Chase & Co. raised its stake in Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after purchasing an additional 6,629 shares during the period. Silver Oak Securities Incorporated raised its stake in Fidelity MSCI Information Technology Index ETF by 5.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after purchasing an additional 216 shares during the period. Apollon Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $219,000. Finally, FMR LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after acquiring an additional 5,739 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $190.25 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The stock’s 50 day simple moving average is $187.11 and its two-hundred day simple moving average is $178.96. The company has a market cap of $11.85 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.