Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by SVB Wealth LLC

SVB Wealth LLC decreased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 21.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,984 shares of the company’s stock after selling 3,243 shares during the quarter. SVB Wealth LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,721,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 1.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,574 shares of the company’s stock worth $765,000 after buying an additional 84 shares in the last quarter. Belpointe Asset Management LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 1.5% during the 1st quarter. Belpointe Asset Management LLC now owns 6,600 shares of the company’s stock worth $752,000 after buying an additional 97 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Fidelity MSCI Information Technology Index ETF by 1.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,606 shares of the company’s stock worth $935,000 after buying an additional 98 shares in the last quarter. HB Wealth Management LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 4.7% during the 4th quarter. HB Wealth Management LLC now owns 2,238 shares of the company’s stock worth $322,000 after buying an additional 101 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 13.3% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 861 shares of the company’s stock worth $124,000 after buying an additional 101 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.9 %

NYSEARCA:FTEC opened at $146.39 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $108.86 and a 12 month high of $159.43. The stock has a 50 day moving average of $153.73 and a two-hundred day moving average of $142.63. The firm has a market cap of $9.08 billion, a P/E ratio of 38.28 and a beta of 1.36.

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.