Claro Advisors Inc. lowered its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 8.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,542 shares of the company’s stock after selling 3,562 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 1.1% of Claro Advisors Inc.’s portfolio, making the stock its 19th largest position. Claro Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $11,565,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of FTEC. Concurrent Investment Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $1,309,000. Succession Financial Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth $3,414,000. NewEdge Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 5.0% during the second quarter. NewEdge Advisors LLC now owns 36,762 shares of the company’s stock worth $10,498,000 after purchasing an additional 1,744 shares during the last quarter. IPG Investment Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth $2,353,000. Finally, Marotta Asset Management lifted its stake in Fidelity MSCI Information Technology Index ETF by 4.8% during the third quarter. Marotta Asset Management now owns 75,679 shares of the company’s stock worth $22,708,000 after purchasing an additional 3,494 shares during the last quarter.
Fidelity MSCI Information Technology Index ETF Price Performance
Fidelity MSCI Information Technology Index ETF stock opened at $255.15 on Friday. The company has a market cap of $18.98 billion, a PE ratio of 35.45 and a beta of 1.36. The company has a fifty day moving average price of $291.41 and a two-hundred day moving average price of $261.71. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $311.83.
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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