Chicago Partners Investment Group LLC Decreases Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Chicago Partners Investment Group LLC lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,364 shares of the company’s stock after selling 212 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,438,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Diversified Trust Co purchased a new position in Fidelity MSCI Information Technology Index ETF in the first quarter worth about $242,000. Private Advisor Group LLC grew its position in Fidelity MSCI Information Technology Index ETF by 13.1% during the first quarter. Private Advisor Group LLC now owns 13,773 shares of the company’s stock valued at $2,146,000 after buying an additional 1,594 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Fidelity MSCI Information Technology Index ETF by 65.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 43,820 shares of the company’s stock valued at $6,829,000 after buying an additional 17,300 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Fidelity MSCI Information Technology Index ETF by 15.7% in the first quarter. Janney Montgomery Scott LLC now owns 14,043 shares of the company’s stock worth $2,189,000 after acquiring an additional 1,903 shares during the period. Finally, Lincoln National Corp raised its position in Fidelity MSCI Information Technology Index ETF by 1.5% in the first quarter. Lincoln National Corp now owns 17,583 shares of the company’s stock worth $2,740,000 after acquiring an additional 259 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $174.35 on Friday. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 1 year low of $124.60 and a 1 year high of $181.99. The firm has a fifty day moving average price of $172.64 and a 200-day moving average price of $166.90.

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.