RWA Wealth Partners LLC Lowers Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

RWA Wealth Partners LLC cut its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,408 shares of the company’s stock after selling 681 shares during the quarter. RWA Wealth Partners LLC owned 0.10% of Fidelity MSCI Information Technology Index ETF worth $11,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in Fidelity MSCI Information Technology Index ETF by 40.7% during the fourth quarter. Jones Financial Companies Lllp now owns 4,969 shares of the company’s stock valued at $919,000 after buying an additional 1,437 shares during the period. Apollon Wealth Management LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $219,000. JPMorgan Chase & Co. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after acquiring an additional 6,629 shares during the period. Silver Oak Securities Incorporated grew its position in Fidelity MSCI Information Technology Index ETF by 5.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock worth $815,000 after acquiring an additional 216 shares during the last quarter. Finally, FMR LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $161.51 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The firm has a market cap of $11.40 billion, a PE ratio of 33.25 and a beta of 1.17. The business has a 50 day moving average price of $178.66 and a 200-day moving average price of $180.48.

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.