Financial Partners Group Inc Has $23.51 Million Stock Position in Fidelity MSCI Information Technology Index ETF $FTEC

Financial Partners Group Inc lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,465 shares of the company’s stock after selling 2,980 shares during the period. Fidelity MSCI Information Technology Index ETF accounts for approximately 2.7% of Financial Partners Group Inc’s holdings, making the stock its 10th biggest position. Financial Partners Group Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $23,514,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FTEC. Financial Life Planners bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $25,000. Bessemer Group Inc. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $26,000. Wealth Watch Advisors INC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $30,000. Strategic Advocates LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $31,000. Finally, First Horizon Corp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $34,000.

Fidelity MSCI Information Technology Index ETF Stock Up 2.7%

Shares of NYSEARCA:FTEC opened at $268.37 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $168.95 and a fifty-two week high of $268.45. The company has a market cap of $19.51 billion, a PE ratio of 35.45 and a beta of 1.31. The firm has a 50-day simple moving average of $224.74 and a 200 day simple moving average of $225.16.

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.