Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Creekmur Asset Management LLC

Creekmur Asset Management LLC lessened its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.3% in the 3rd quarter, Holdings Channel reports. The fund owned 2,706 shares of the company’s stock after selling 150 shares during the period. Creekmur Asset Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $472,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in FTEC. EverSource Wealth Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $32,000. Lynx Investment Advisory purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $37,000. Strategic Financial Concepts LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $43,000. Advisors Preferred LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $63,000. Finally, McClarren Financial Advisors Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 851.9% during 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 in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $181.18 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $119.72 and a 12-month high of $181.99. The company has a market capitalization of $11.29 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s 50-day moving average is $172.41 and its two-hundred day moving average is $166.48.

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.