US Bancorp DE decreased its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 5.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,265 shares of the company’s stock after selling 200 shares during the quarter. US Bancorp DE’s holdings in Fidelity MSCI Information Technology Index ETF were worth $644,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. IMA Advisory Services Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter worth about $25,000. Legacy Wealth Managment LLC ID bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $49,000. Whittier Trust Co. bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $51,000. Finally, Rossby Financial LCC bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $57,000.
Fidelity MSCI Information Technology Index ETF Stock Up 0.1%
NYSEARCA FTEC opened at $223.93 on Monday. The stock has a market cap of $16.35 billion, a P/E ratio of 35.45 and a beta of 1.16. The company’s 50-day simple moving average is $215.22 and its 200 day simple moving average is $193.71. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $229.78.
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.
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Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
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