LJI Wealth Management LLC Decreases Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

LJI Wealth Management LLC reduced its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% in the 3rd quarter, Holdings Channel reports. The firm owned 3,352 shares of the company’s stock after selling 106 shares during the quarter. LJI Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $585,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FTEC. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $878,000. CWM LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 165.8% during the 3rd quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after purchasing an additional 1,421 shares in the last quarter. Brookstone Capital Management grew its stake in Fidelity MSCI Information Technology Index ETF by 0.5% during the 2nd quarter. Brookstone Capital Management now owns 29,495 shares of the company’s stock valued at $5,111,000 after purchasing an additional 134 shares in the last quarter. Fifth Third Securities Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% during the 2nd quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock worth $370,000 after purchasing an additional 76 shares during the last quarter. Finally, Secure Asset Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 6.4% in the 3rd quarter. Secure Asset Management LLC now owns 16,584 shares of the company’s stock valued at $2,894,000 after purchasing an additional 1,004 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 2.4 %

Shares of Fidelity MSCI Information Technology Index ETF stock traded down $4.33 on Friday, hitting $179.39. 272,986 shares of the company’s stock traded hands, compared to its average volume of 262,223. The firm’s 50-day moving average is $175.32 and its 200 day moving average is $169.01. The stock has a market cap of $11.18 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.55 and a 52-week high of $186.33.

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.