Greenleaf Trust decreased its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 8.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,180 shares of the company’s stock after selling 107 shares during the quarter. Greenleaf Trust’s holdings in Fidelity MSCI Information Technology Index ETF were worth $233,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in FTEC. TBH Global Asset Management LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 1,753.6% during the 1st quarter. TBH Global Asset Management LLC now owns 160,615 shares of the company’s stock valued at $25,902,000 after purchasing an additional 151,950 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $16,917,000. Independence Financial Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $9,858,000. CacheTech Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $6,532,000. Finally, Morningstar Investment Management LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 59.3% in the 1st quarter. Morningstar Investment Management LLC now owns 95,925 shares of the company’s stock valued at $15,470,000 after acquiring an additional 35,702 shares in the last quarter.
Fidelity MSCI Information Technology Index ETF Stock Down 0.3%
Fidelity MSCI Information Technology Index ETF stock opened at $224.99 on Friday. The business has a 50 day moving average price of $211.35 and a two-hundred day moving average price of $189.34. The stock has a market cap of $16.36 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $227.13.
About Fidelity MSCI Information Technology Index ETF
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.
Further Reading
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- How to trade penny stocks: A step-by-step guide
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- How to Invest in Insurance Companies: A GuideĀ
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- Want to Profit on the Downtrend? Downtrends, Explained.
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.