Fidelity MSCI Information Technology Index ETF $FTEC Shares Sold by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% during the third quarter, HoldingsChannel.com reports. The firm owned 1,362,189 shares of the company’s stock after selling 44,286 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 8.9% of Richard Bernstein Advisors LLC’s holdings, making the stock its 4th biggest holding. Richard Bernstein Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $311,234,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FTEC. Instrumental Wealth LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 1.8% in the third quarter. Instrumental Wealth LLC now owns 2,928 shares of the company’s stock valued at $691,000 after buying an additional 52 shares in the last quarter. OMNI 360 Wealth Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 2.8% during the third quarter. OMNI 360 Wealth Inc. now owns 1,952 shares of the company’s stock worth $434,000 after buying an additional 53 shares in the last quarter. Global Retirement Partners LLC grew its position in Fidelity MSCI Information Technology Index ETF by 2.9% during the third quarter. Global Retirement Partners LLC now owns 1,892 shares of the company’s stock worth $420,000 after buying an additional 54 shares in the last quarter. JSF Financial LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 0.9% during the 3rd quarter. JSF Financial LLC now owns 6,691 shares of the company’s stock worth $1,486,000 after acquiring an additional 58 shares during the period. Finally, Captrust Financial Advisors increased its stake in Fidelity MSCI Information Technology Index ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 7,813 shares of the company’s stock worth $1,541,000 after acquiring an additional 63 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $218.19 on Tuesday. The business has a fifty day moving average price of $222.49 and a two-hundred day moving average price of $222.52. The stock has a market capitalization of $15.93 billion, a PE ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $240.25.

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.