Park Avenue Securities LLC Has $2.94 Million Stock Position in Fidelity MSCI Information Technology Index ETF $FTEC

Park Avenue Securities LLC lessened its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 29.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,076 shares of the company’s stock after selling 5,509 shares during the period. Park Avenue Securities LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,938,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. American National Bank & Trust increased its position in shares of Fidelity MSCI Information Technology Index ETF by 180.9% during the 3rd quarter. American National Bank & Trust now owns 8,685 shares of the company’s stock worth $1,930,000 after purchasing an additional 5,593 shares during the last quarter. Armor Investment Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.0% in the 2nd quarter. Armor Investment Advisors LLC now owns 82,569 shares of the company’s stock valued at $16,284,000 after buying an additional 845 shares during the last quarter. JBR Co Financial Management Inc boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 28.9% in the 2nd quarter. JBR Co Financial Management Inc now owns 13,825 shares of the company’s stock valued at $2,727,000 after buying an additional 3,102 shares during the last quarter. PFG Advisors bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at $22,364,000. Finally, Brighton Jones LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 36.3% in the third quarter. Brighton Jones LLC now owns 23,248 shares of the company’s stock valued at $5,165,000 after buying an additional 6,190 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 2.4%

Shares of FTEC opened at $210.06 on Monday. The company’s fifty day simple moving average is $220.52 and its 200 day simple moving average is $223.03. Fidelity MSCI Information Technology Index ETF has a 1-year low of $134.11 and a 1-year high of $240.25. The company has a market cap of $15.33 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24.

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.