TBH Global Asset Management LLC Sells 1,223 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

TBH Global Asset Management LLC decreased its position 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 filing with the SEC. The institutional investor owned 8,665 shares of the company’s stock after selling 1,223 shares during the quarter. TBH Global Asset Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,602,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FTEC. Aptus Capital Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the last quarter. Truist Financial Corp grew its stake in Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock valued at $1,507,000 after acquiring an additional 68 shares in the last quarter. Capital Advisors Inc. OK increased its holdings in Fidelity MSCI Information Technology Index ETF by 4.0% in the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after acquiring an additional 74 shares during the last quarter. Accelerate Investment Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th 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. Finally, Valley Brook Capital Group Inc. boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 4.6% during the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after purchasing an additional 95 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 0.1 %

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $191.41 on Thursday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06. The business has a 50-day moving average price of $187.21 and a 200-day moving average price of $179.28. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.