Stonebrook Private Inc. Sells 1,458 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Stonebrook Private Inc. cut its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,882 shares of the company’s stock after selling 1,458 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up 0.8% of Stonebrook Private Inc.’s portfolio, making the stock its 29th largest position. Stonebrook Private Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,121,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTEC. Lido Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.0% in the 4th quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock valued at $360,708,000 after purchasing an additional 37,440 shares during the period. AGF Management Ltd. increased its position in Fidelity MSCI Information Technology Index ETF by 2.9% during the fourth quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock worth $109,327,000 after buying an additional 16,514 shares during the last quarter. LPL Financial LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 47.6% in the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock valued at $71,846,000 after buying an additional 125,340 shares during the period. SteelPeak Wealth LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $53,085,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 242.7% in the fourth quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock valued at $40,067,000 after buying an additional 153,479 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2%

FTEC opened at $183.47 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $193.06. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 33.64 and a beta of 1.24. The business has a 50 day moving average of $162.26 and a 200-day moving average of $176.78.

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.