Fidelity MSCI Information Technology Index ETF $FTEC Shares Sold by Main Street Group LTD

Main Street Group LTD decreased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 17.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 504 shares of the company’s stock after selling 103 shares during the period. Main Street Group LTD’s holdings in Fidelity MSCI Information Technology Index ETF were worth $99,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FTEC. Crossmark Global Holdings Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the first quarter valued at $374,000. Flagship Harbor Advisors LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 9.8% in the first quarter. Flagship Harbor Advisors LLC now owns 1,319 shares of the company’s stock valued at $213,000 after acquiring an additional 118 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 11.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the company’s stock valued at $273,000 after purchasing an additional 176 shares during the period. AE Wealth Management LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 12.0% in the 1st quarter. AE Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $499,000 after purchasing an additional 330 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 33.6% in the 1st quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock valued at $568,000 after purchasing an additional 878 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 1.0%

Shares of NYSEARCA FTEC opened at $221.64 on Wednesday. The stock has a market cap of $15.89 billion, a PE ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $223.99. The business has a 50-day moving average price of $208.39 and a 200 day moving average price of $186.20.

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.