Meridian Wealth Management LLC reduced its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 15.6% in the 4th quarter, Holdings Channel reports. The firm owned 16,310 shares of the company’s stock after selling 3,009 shares during the period. Meridian Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,015,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. SteelPeak Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $53,085,000. Eaton Financial Holdings Company LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $12,347,000. Goldstone Financial Group LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $7,664,000. Kestra Investment Management LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 24.4% during the third quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after acquiring an additional 33,071 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 578.0% during the third quarter. Sanctuary Advisors LLC now owns 34,708 shares of the company’s stock valued at $6,418,000 after acquiring an additional 29,589 shares during the period.
Fidelity MSCI Information Technology Index ETF Stock Performance
Fidelity MSCI Information Technology Index ETF stock opened at $172.23 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The firm has a market capitalization of $12.54 billion, a PE ratio of 36.37 and a beta of 1.15. The business’s 50-day simple moving average is $185.89 and its 200-day simple moving average is $180.60.
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.
Featured Stories
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- 5 discounted opportunities for dividend growth investors
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- 3 Monster Growth Stocks to Buy Now
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What Are Dividend Achievers? An Introduction
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.