Patriot Financial Group Insurance Agency LLC Reduces Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Patriot Financial Group Insurance Agency LLC decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,676 shares of the company’s stock after selling 709 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 0.7% of Patriot Financial Group Insurance Agency LLC’s holdings, making the stock its 26th largest position. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,270,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. EP Wealth Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.2% during the fourth quarter. EP Wealth Advisors LLC now owns 4,773 shares of the company’s stock worth $882,000 after purchasing an additional 57 shares during the last quarter. Truist Financial Corp grew its holdings in shares of 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 worth $1,507,000 after purchasing an additional 68 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,895 shares of the company’s stock worth $350,000 after buying an additional 71 shares during the last quarter. Whalerock Point Partners LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.9% during the fourth quarter. Whalerock Point Partners LLC now owns 10,298 shares of the company’s stock worth $1,904,000 after buying an additional 89 shares during the last quarter. Finally, Centaurus Financial Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the fourth quarter. Centaurus Financial Inc. now owns 2,408 shares of the company’s stock worth $445,000 after buying an additional 92 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.9%

NYSEARCA FTEC opened at $186.44 on Friday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $193.06. The business’s 50-day moving average price is $166.84 and its 200 day moving average price is $176.88. The firm has a market cap of $13.31 billion, a P/E ratio of 33.64 and a beta of 1.24.

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.