Transcend Capital Advisors LLC Sells 344 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Transcend Capital Advisors LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,270 shares of the company’s stock after selling 344 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in FTEC. International Assets Investment Management LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 46,646.4% during the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after purchasing an additional 809,315 shares in the last quarter. SteelPeak Wealth LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $53,085,000. Eaton Financial Holdings Company LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter worth $12,347,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Fidelity MSCI Information Technology Index ETF by 93.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock valued at $17,096,000 after buying an additional 47,500 shares during the last quarter. Finally, Goldstone Financial Group LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $7,664,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.4 %

Shares of NYSEARCA:FTEC opened at $190.72 on Friday. The company has a market cap of $11.88 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06. The company’s 50 day moving average is $187.23 and its 200 day moving average is $179.36.

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.