Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Position Trimmed by NorthLanding Financial Partners LLC

NorthLanding Financial Partners LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.5% during the 4th quarter, HoldingsChannel reports. The fund owned 32,937 shares of the company’s stock after selling 3,867 shares during the period. Fidelity MSCI Information Technology Index ETF accounts for approximately 5.6% of NorthLanding Financial Partners LLC’s portfolio, making the stock its 5th biggest holding. NorthLanding Financial Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,731,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,377,081 shares of the company’s stock valued at $415,145,000 after buying an additional 28,673 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 9.3% during the 3rd quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock valued at $203,154,000 after buying an additional 141,104 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 827,618 shares of the company’s stock valued at $101,739,000 after buying an additional 10,598 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $33,181,000. Finally, LPL Financial LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 230,442 shares of the company’s stock valued at $28,328,000 after buying an additional 8,219 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded up $0.33 during trading on Wednesday, hitting $147.19. 126,769 shares of the stock traded hands, compared to its average volume of 258,228. The stock has a market cap of $9.13 billion, a P/E ratio of 38.28 and a beta of 1.36. Fidelity MSCI Information Technology Index ETF has a twelve month low of $108.86 and a twelve month high of $159.43. The company has a fifty day moving average price of $153.09 and a two-hundred day moving average price of $143.37.

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.