Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Safeguard Financial LLC

Safeguard Financial LLC lessened its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,653 shares of the company’s stock after selling 515 shares during the quarter. Safeguard Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of FTEC. Aptus Capital Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares in the last quarter. Capital Advisors Inc. OK raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after purchasing an additional 74 shares during the period. Accelerate Investment Advisors LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 7.6% during the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after purchasing an additional 94 shares in the last quarter. Pathway Financial Advisers LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.5% in the second quarter. Pathway Financial Advisers LLC now owns 1,028 shares of the company’s stock valued at $176,000 after purchasing an additional 106 shares during the period. Finally, Silver Oak Securities Incorporated boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.6% in the third quarter. Silver Oak Securities Incorporated now owns 4,149 shares of the company’s stock valued at $721,000 after purchasing an additional 107 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $181.43 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $140.72 and a 12-month high of $192.96. The company has a market capitalization of $11.30 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s fifty day moving average price is $186.54 and its 200 day moving average price is $176.68.

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.