Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Holdings Lessened by Prairie Wealth Advisors Inc.

Prairie Wealth Advisors Inc. cut its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 6.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,446 shares of the company’s stock after selling 225 shares during the quarter. Prairie Wealth Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $5,195,000. Silver Oak Securities Incorporated increased its position in Fidelity MSCI Information Technology Index ETF by 5.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock worth $815,000 after buying an additional 216 shares during the last quarter. Elm3 Financial Group LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $1,420,000. Brandywine Oak Private Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $213,000. Finally, Stratos Wealth Partners LTD. raised its holdings in Fidelity MSCI Information Technology Index ETF by 5.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,056 shares of the company’s stock worth $2,414,000 after acquiring an additional 699 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 0.3 %

Shares of NYSEARCA:FTEC opened at $186.44 on Friday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06. The company has a market cap of $11.62 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The business has a 50 day moving average price of $187.24 and a 200 day moving average price of $177.75.

Fidelity MSCI Information Technology Index ETF Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report).

Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.