Mascoma Wealth Management LLC decreased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 10.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 980 shares of the company’s stock after selling 117 shares during the quarter. Mascoma Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $171,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter valued at $32,000. Lynx Investment Advisory purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $37,000. Strategic Financial Concepts LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $43,000. Advisors Preferred LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $63,000. Finally, McClarren Financial Advisors Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 851.9% in the second quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock worth $88,000 after buying an additional 460 shares during the last quarter.
Fidelity MSCI Information Technology Index ETF Stock Performance
Shares of FTEC stock opened at $185.09 on Tuesday. The stock’s 50 day simple moving average is $173.72 and its 200 day simple moving average is $168.28. Fidelity MSCI Information Technology Index ETF has a twelve month low of $131.35 and a twelve month high of $186.33. The company has a market capitalization of $11.53 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.
Fidelity MSCI Information Technology Index ETF Company 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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