Cwm LLC Has $191,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cwm LLC decreased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 35.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,329 shares of the company’s stock after selling 716 shares during the period. Cwm LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $191,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Stratos Wealth Advisors LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 28.4% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,554 shares of the company’s stock worth $314,000 after purchasing an additional 565 shares in the last quarter. WealthShield Partners LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 15.6% in the third quarter. WealthShield Partners LLC now owns 3,107 shares of the company’s stock valued at $382,000 after acquiring an additional 420 shares during the period. Brighton Jones LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.0% during the third quarter. Brighton Jones LLC now owns 17,375 shares of the company’s stock valued at $2,136,000 after acquiring an additional 345 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 21.1% in the 3rd quarter. Calamos Wealth Management LLC now owns 3,020 shares of the company’s stock worth $371,000 after purchasing an additional 527 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 121.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,190 shares of the company’s stock worth $3,342,000 after purchasing an additional 14,930 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 2.6 %

Shares of FTEC stock opened at $151.40 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $110.80 and a 12 month high of $159.43. The firm has a market capitalization of $9.43 billion, a PE ratio of 37.14 and a beta of 1.41. The firm has a fifty day simple moving average of $152.71 and a two-hundred day simple moving average of $144.43.

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.