Truist Financial Corp Sells 179 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Truist Financial Corp trimmed its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,760 shares of the company’s stock after selling 179 shares during the period. Truist Financial Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,331,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FTEC. Bank of New Hampshire bought a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth about $25,000. EverSource Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at approximately $32,000. Ables Iannone Moore & Associates Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $34,000. Lynx Investment Advisory bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at approximately $37,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at approximately $43,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.3 %

Fidelity MSCI Information Technology Index ETF stock opened at $178.65 on Friday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $181.11. The firm has a 50 day moving average price of $168.45 and a 200-day moving average price of $164.26. The company has a market capitalization of $11.13 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.