WealthShield Partners LLC Reduces Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

WealthShield Partners LLC decreased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,128 shares of the company’s stock after selling 192 shares during the period. WealthShield Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $578,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. CHURCHILL MANAGEMENT Corp boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after acquiring an additional 7,974 shares during the last quarter. SteelPeak Wealth LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $53,085,000. Kestra Investment Management LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 13.9% in the 4th quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock valued at $35,538,000 after purchasing an additional 23,449 shares during the last quarter. FMR LLC grew its stake in shares of 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 valued at $27,814,000 after buying an additional 5,739 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of 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 worth $22,449,000 after buying an additional 6,629 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC stock opened at $182.94 on Tuesday. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The firm has a market cap of $11.40 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s 50 day moving average price is $186.94 and its 200-day moving average price is $180.12.

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.