Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Position Trimmed by Buffington Mohr McNeal

Buffington Mohr McNeal lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,404 shares of the company’s stock after selling 317 shares during the period. Buffington Mohr McNeal’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,739,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Marshall Wace LLP acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth $456,000. Copperwynd Financial LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth about $230,000. Creative Planning raised its holdings in Fidelity MSCI Information Technology Index ETF by 43.6% during the 2nd quarter. Creative Planning now owns 27,849 shares of the company’s stock worth $4,777,000 after buying an additional 8,450 shares during the period. Sunbelt Securities Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 7.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 14,541 shares of the company’s stock worth $2,494,000 after buying an additional 1,005 shares during the period. Finally, Regal Investment Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $219,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $180.52 on Tuesday. The company has a market cap of $11.25 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The firm’s 50 day simple moving average is $187.21 and its 200-day simple moving average is $177.32.

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.