Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 94.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 207 shares of the company’s stock after selling 3,258 shares during the quarter. AdvisorNet Financial Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $38,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Miracle Mile Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $202,000. Claro Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.7% during the fourth quarter. Claro Advisors LLC now owns 24,412 shares of the company’s stock worth $4,513,000 after purchasing an additional 1,316 shares in the last quarter. Accelerate Investment Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after buying an additional 94 shares in the last quarter. Wedmont Private Capital acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $470,000. Finally, Atlas Brown Inc. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.6% during the fourth quarter. Atlas Brown Inc. now owns 10,670 shares of the company’s stock valued at $1,973,000 after acquiring an additional 170 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $186.76 on Friday. The firm has a market capitalization of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41. The business’s 50 day moving average price is $186.58 and its 200-day moving average price is $176.90. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $192.96.

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.