Creative Planning Decreases Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Creative Planning lessened its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 17.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,905 shares of the company’s stock after selling 4,944 shares during the period. Creative Planning’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,997,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FTEC. Kestra Investment Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth $23,275,000. Cetera Investment Advisers raised its stake in Fidelity MSCI Information Technology Index ETF by 130.8% during the 1st quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock worth $14,884,000 after acquiring an additional 54,133 shares in the last quarter. AGF Management Ltd. raised its stake in Fidelity MSCI Information Technology Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock worth $45,207,000 after acquiring an additional 40,910 shares in the last quarter. Hartline Investment Corp acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter worth $4,705,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth $43,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $179.04 on Friday. The company’s fifty day moving average price is $172.08 and its 200 day moving average price is $165.94. Fidelity MSCI Information Technology Index ETF has a 12 month low of $118.39 and a 12 month high of $181.49. The firm has a market capitalization of $11.15 billion, a P/E 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.