Renaissance Technologies LLC Sells 4,600 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Renaissance Technologies LLC lessened its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 67.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,200 shares of the company’s stock after selling 4,600 shares during the period. Renaissance Technologies LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $377,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Bank of New Hampshire purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $25,000. Lynx Investment Advisory purchased a new position in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $37,000. Ables Iannone Moore & Associates Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $34,000. McClarren Financial Advisors Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 488.7% in the 1st quarter. McClarren Financial Advisors Inc. now owns 312 shares of the company’s stock worth $490,000 after buying an additional 259 shares during the period. Finally, Sound Income Strategies LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 263.4% in the 1st quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $53,000 after buying an additional 245 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2 %

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $178.09 on Friday. The business has a 50 day moving average of $168.05 and a 200 day moving average of $164.10. Fidelity MSCI Information Technology Index ETF has a 52 week low of $118.39 and a 52 week high of $181.11. The company has a market cap of $11.10 billion, a PE ratio of 37.14 and a beta of 1.41.

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.