Buffington Mohr McNeal Sells 804 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Buffington Mohr McNeal trimmed its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 7.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 9,843 shares of the company’s stock after selling 804 shares during the quarter. Buffington Mohr McNeal’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,534,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter worth $196,694,000. International Assets Investment Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $33,181,000. Lido Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 9.3% in the 3rd quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after purchasing an additional 141,104 shares in the last quarter. SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $9,538,000. Finally, Envestnet Asset Management Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 16.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 419,820 shares of the company’s stock worth $60,303,000 after purchasing an additional 59,879 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.7 %

FTEC traded up $1.19 on Tuesday, reaching $174.32. The stock had a trading volume of 223,557 shares, compared to its average volume of 240,296. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $176.34. The firm has a 50-day moving average of $160.96 and a 200-day moving average of $153.73. The company has a market capitalization of $10.86 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.