Financial Partners Group Inc Has $19.38 Million Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Financial Partners Group Inc lessened its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,819 shares of the company’s stock after selling 1,135 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for approximately 2.8% of Financial Partners Group Inc’s investment portfolio, making the stock its 13th biggest position. Financial Partners Group Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $19,379,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth $878,000. CWM LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 165.8% during the third quarter. CWM LLC now owns 2,278 shares of the company’s stock worth $398,000 after purchasing an additional 1,421 shares during the period. JPMorgan Chase & Co. grew its stake in Fidelity MSCI Information Technology Index ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after buying an additional 6,629 shares in the last quarter. FMR LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after buying an additional 5,739 shares during the period. Finally, Signal Advisors Wealth LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 10.6% in the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock valued at $296,000 after buying an additional 153 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.5 %

NYSEARCA FTEC opened at $183.46 on Monday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The firm has a market capitalization of $11.43 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s 50 day simple moving average is $187.33 and its 200 day simple moving average is $177.54.

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.