Sanctuary Advisors LLC lowered its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 46.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,606 shares of the company’s stock after selling 14,659 shares during the quarter. Sanctuary Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,455,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after purchasing an additional 1,458 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $2,532,000. Jane Street Group LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $3,833,000. Marshall Wace LLP purchased a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $5,649,000. Finally, Flow Traders U.S. LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $242,000.
Fidelity MSCI Information Technology Index ETF Price Performance
Shares of FTEC opened at $270.13 on Monday. The firm has a 50-day simple moving average of $278.65 and a two-hundred day simple moving average of $243.64. The stock has a market cap of $19.83 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 1-year low of $198.17 and a 1-year 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.
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