CacheTech Inc. decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 13.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,907 shares of the company’s stock after selling 4,556 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises approximately 1.2% of CacheTech Inc.’s investment portfolio, making the stock its 27th biggest holding. CacheTech Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,222,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Watch Advisors INC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter worth $30,000. Elyxium Wealth LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $37,000. SouthState Bank Corp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $50,000. Strategic Advocates LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 76.4% in the 4th quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock valued at $56,000 after buying an additional 107 shares in the last quarter. Finally, MidFirst Bank bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $73,000.
Fidelity MSCI Information Technology Index ETF Trading Up 2.5%
Shares of Fidelity MSCI Information Technology Index ETF stock opened at $277.01 on Wednesday. The company has a market capitalization of $20.33 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $300.79. The stock’s fifty day simple moving average is $278.81 and its 200 day simple moving average is $244.31.
About Fidelity MSCI Information Technology Index ETF
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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