Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,675 shares of the company’s stock after selling 300 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,604,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FTEC. Aptus Capital Advisors LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $37,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $48,000. Sound Income Strategies LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 146.7% in the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock worth $49,000 after acquiring an additional 157 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $69,000.

Fidelity MSCI Information Technology Index ETF Trading Up 1.6 %

Shares of FTEC opened at $177.93 on Friday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The firm has a market cap of $12.95 billion, a price-to-earnings ratio of 36.37 and a beta of 1.15. The stock has a 50 day moving average of $186.24 and a 200-day moving average of $180.37.

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.