JSF Financial LLC Sells 5,211 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

JSF Financial LLC lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,187 shares of the company’s stock after selling 5,211 shares during the quarter. JSF Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity MSCI Information Technology Index ETF by 129.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 700,423 shares of the company’s stock valued at $157,364,000 after purchasing an additional 394,739 shares during the last quarter. Vicus Capital grew its position in shares of Fidelity MSCI Information Technology Index ETF by 2,666.4% during the 4th quarter. Vicus Capital now owns 112,649 shares of the company’s stock worth $25,309,000 after buying an additional 108,577 shares during the period. SteelPeak Wealth LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 3,622.3% during the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock worth $24,202,000 after buying an additional 104,830 shares during the period. Orion Porfolio Solutions LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 406.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock worth $21,321,000 after acquiring an additional 86,780 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 14.1% during the fourth quarter. LPL Financial LLC now owns 694,702 shares of the company’s stock valued at $156,079,000 after purchasing an additional 85,840 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA:FTEC opened at $270.28 on Tuesday. The company has a 50 day moving average price of $278.63 and a two-hundred day moving average price of $243.94. The company has a market capitalization of $19.84 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 52 week low of $198.17 and a 52 week high of $300.79.

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.