Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Position Decreased by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC cut its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 12.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,148 shares of the company’s stock after selling 319 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $397,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares in the last quarter. Capital Advisors Inc. OK raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% in the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after acquiring an additional 74 shares in the last quarter. Accelerate Investment Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after acquiring an additional 94 shares in the last quarter. Valley Brook Capital Group Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.6% in the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after acquiring an additional 95 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.3% in the 4th quarter. Independent Wealth Network Inc. now owns 1,988 shares of the company’s stock valued at $368,000 after acquiring an additional 100 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $190.25 on Friday. The stock’s 50 day simple moving average is $187.14 and its 200 day simple moving average is $178.43. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06. The company has a market capitalization of $11.85 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.