Bank of New York Mellon Corp Sells 4,759 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Bank of New York Mellon Corp decreased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 19.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 20,308 shares of the company’s stock after selling 4,759 shares during the period. Bank of New York Mellon Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,755,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock worth $238,738,000 after purchasing an additional 7,974 shares in the last quarter. SteelPeak Wealth LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $53,085,000. Kestra Investment Management LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 13.9% during the 4th quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock worth $35,538,000 after purchasing an additional 23,449 shares in the last quarter. FMR LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after purchasing an additional 6,629 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 1.5 %

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $165.99 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06. The stock has a market cap of $11.72 billion, a P/E ratio of 33.25 and a beta of 1.17. The business’s 50 day moving average is $181.32 and its 200-day moving average is $180.33.

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.