EPG Wealth Management LLC lessened its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 51.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,913 shares of the company’s stock after selling 7,219 shares during the period. EPG Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,363,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in FTEC. Envestnet Asset Management Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF by 23.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 659,540 shares of the company’s stock valued at $130,074,000 after purchasing an additional 127,232 shares during the last quarter. SteelPeak Wealth LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $14,173,000. Independence Financial Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at $9,858,000. Assetmark Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF by 7,740.8% during the 2nd quarter. Assetmark Inc. now owns 51,514 shares of the company’s stock valued at $10,160,000 after purchasing an additional 50,857 shares during the last quarter. Finally, CacheTech Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at $6,532,000.
Fidelity MSCI Information Technology Index ETF Trading Up 0.3%
Shares of FTEC opened at $236.46 on Monday. The business’s fifty day simple moving average is $220.15 and its two-hundred day simple moving average is $199.76. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $240.25. The company has a market cap of $17.38 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24.
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.
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