Fingerlakes Wealth Management Inc. reduced its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,424 shares of the company’s stock after selling 515 shares during the period. Fidelity MSCI Information Technology Index ETF accounts for 3.0% of Fingerlakes Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Fingerlakes Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,028,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. IMA Advisory Services Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter worth $25,000. Legacy Wealth Managment LLC ID bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter worth $49,000. Whittier Trust Co. bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter worth $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter worth $51,000. Finally, Sound Income Strategies LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 20.8% in the second quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock worth $63,000 after purchasing an additional 55 shares in the last quarter.
Fidelity MSCI Information Technology Index ETF Trading Up 1.3%
Shares of NYSEARCA:FTEC opened at $226.80 on Tuesday. The stock has a market capitalization of $16.56 billion, a PE ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $229.78. The firm has a fifty day moving average price of $215.62 and a 200 day moving average price of $194.30.
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.
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