Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Prairie Wealth Advisors Inc.

Prairie Wealth Advisors Inc. reduced its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,446 shares of the company’s stock after selling 225 shares during the period. Prairie Wealth Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $637,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aptus Capital Advisors LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. Fifth Third Bancorp bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $37,000. Sound Income Strategies LLC increased its position in Fidelity MSCI Information Technology Index ETF by 146.7% in the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after acquiring an additional 157 shares during the period. Harbor Investment Advisory LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $69,000. Finally, Voisard Asset Management Group Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $89,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $186.44 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06. The stock’s 50 day moving average price is $187.24 and its 200 day moving average price is $177.75. The stock has a market cap of $11.62 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.