Colonial Trust Co SC Cuts Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Colonial Trust Co SC decreased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 300 shares of the company’s stock after selling 250 shares during the quarter. Colonial Trust Co SC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $55,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lido Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.0% in the fourth quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock valued at $360,708,000 after acquiring an additional 37,440 shares in the last quarter. CHURCHILL MANAGEMENT Corp boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.6% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock worth $238,738,000 after buying an additional 7,974 shares during the last quarter. AGF Management Ltd. grew 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 valued at $109,327,000 after buying an additional 16,514 shares during the period. LPL Financial LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 47.6% during the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock worth $71,846,000 after buying an additional 125,340 shares during the last quarter. Finally, SteelPeak Wealth LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $53,085,000.

Fidelity MSCI Information Technology Index ETF Stock Down 0.0 %

Fidelity MSCI Information Technology Index ETF stock opened at $169.86 on Friday. The firm has a 50 day moving average price of $160.89 and a 200-day moving average price of $176.70. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $193.06. The company has a market capitalization of $12.05 billion, a P/E ratio of 32.29 and a beta of 1.23.

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.