Fidelity MSCI Information Technology Index ETF $FTEC Shares Sold by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. reduced its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 20.2% in the 3rd quarter, Holdings Channel reports. The fund owned 10,013 shares of the company’s stock after selling 2,534 shares during the period. Summit Wealth Group LLC Co.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FTEC. International Assets Investment Management LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 24,943.7% in the third quarter. International Assets Investment Management LLC now owns 430,000 shares of the company’s stock valued at $129,026,000 after acquiring an additional 428,283 shares during the period. SteelPeak Wealth LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 2,389.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 85,540 shares of the company’s stock worth $25,667,000 after purchasing an additional 82,104 shares during the period. Lido Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% during the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock worth $452,679,000 after purchasing an additional 75,631 shares during the period. Go Invest LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $9,806,000. Finally, Sigma Planning Corp purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $9,144,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $271.58 on Tuesday. The company has a 50 day moving average price of $292.09 and a 200-day moving average price of $261.07. Fidelity MSCI Information Technology Index ETF has a 1-year low of $198.17 and a 1-year high of $311.83. The firm has a market cap of $20.18 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

About Fidelity MSCI Information Technology Index ETF

(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.

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