RFG Advisory LLC Sells 93 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

RFG Advisory LLC lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,095 shares of the company’s stock after selling 93 shares during the period. RFG Advisory LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,682,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $201,000. Brighton Jones LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 8.8% in the fourth quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after buying an additional 1,458 shares during the period. Avior Wealth Management LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 1.2% during the 4th quarter. Avior Wealth Management LLC now owns 9,292 shares of the company’s stock valued at $1,718,000 after buying an additional 113 shares during the last quarter. Independent Wealth Network Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 5.3% during the 4th quarter. Independent Wealth Network Inc. now owns 1,988 shares of the company’s stock valued at $368,000 after buying an additional 100 shares during the last quarter. Finally, Advisory Alpha LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $366,000.

Fidelity MSCI Information Technology Index ETF Trading Down 1.0 %

FTEC stock opened at $190.45 on Friday. The stock has a market capitalization of $11.87 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s 50-day moving average price is $187.21 and its two-hundred day moving average price is $177.35. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06.

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.