Private Ocean LLC Sells 485 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Private Ocean LLC decreased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 32.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,019 shares of the company’s stock after selling 485 shares during the period. Private Ocean LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $159,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bank of New Hampshire bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter worth $25,000. Larson Financial Group LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 193.8% during the fourth quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after purchasing an additional 124 shares in the last quarter. Ables Iannone Moore & Associates Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $34,000. Key Financial Inc purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $38,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $43,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $171.52 on Friday. The company has a market capitalization of $10.69 billion, a PE ratio of 37.14 and a beta of 1.41. The business’s fifty day moving average is $160.38 and its 200 day moving average is $153.43. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $176.34.

Fidelity MSCI Information Technology Index ETF 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.