Stonebridge Financial Planning Group LLC Has $904,000 Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Stonebridge Financial Planning Group LLC lessened its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,273 shares of the company’s stock after selling 168 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $904,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Lincoln National Corp boosted its holdings in Fidelity MSCI Information Technology Index ETF by 1.5% during the first quarter. Lincoln National Corp now owns 17,583 shares of the company’s stock worth $2,740,000 after purchasing an additional 259 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 263.4% during the first quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $53,000 after purchasing an additional 245 shares during the last quarter. Brookstone Capital Management boosted its holdings in Fidelity MSCI Information Technology Index ETF by 3.1% during the first quarter. Brookstone Capital Management now owns 29,361 shares of the company’s stock worth $4,576,000 after purchasing an additional 890 shares during the last quarter. Ables Iannone Moore & Associates Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $34,000. Finally, Mission Wealth Management LP boosted its holdings in Fidelity MSCI Information Technology Index ETF by 33.0% during the first quarter. Mission Wealth Management LP now owns 4,032 shares of the company’s stock worth $628,000 after purchasing an additional 1,000 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.8 %

Shares of FTEC opened at $168.23 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $118.39 and a 12 month high of $181.11. The firm has a fifty day simple moving average of $168.10 and a 200 day simple moving average of $161.68. The stock has a market capitalization of $10.48 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company 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.