LJI Wealth Management LLC Decreases Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

LJI Wealth Management LLC lessened its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,352 shares of the company’s stock after selling 106 shares during the period. LJI Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in FTEC. Aptus Capital Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after buying an additional 68 shares during the last quarter. WealthShield Partners LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.2% during the second quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock valued at $579,000 after acquiring an additional 73 shares during the last quarter. Capital Advisors Inc. OK boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock worth $337,000 after purchasing an additional 74 shares during the last quarter. Fifth Third Securities Inc. boosted its position in Fidelity MSCI Information Technology Index ETF by 3.7% during the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock worth $370,000 after acquiring an additional 76 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.4% during the second quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock worth $598,000 after purchasing an additional 81 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 2.4 %

FTEC traded down $4.33 during midday trading on Friday, hitting $179.39. The company’s stock had a trading volume of 272,986 shares, compared to its average volume of 262,223. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.55 and a 52-week high of $186.33. The firm has a 50-day moving average price of $175.32 and a two-hundred day moving average price of $169.01. The firm has a market cap of $11.18 billion, a P/E ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company 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.