Fidelity MSCI Information Technology Index ETF $FTEC Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 106,409 shares of the company’s stock after selling 11,684 shares during the period. Prime Capital Investment Advisors LLC owned about 0.14% of Fidelity MSCI Information Technology Index ETF worth $31,929,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% in the first quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after buying an additional 75,631 shares during the period. Independence Financial Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 6.6% during the 3rd quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock worth $45,166,000 after buying an additional 9,259 shares during the period. Kestra Advisory Services LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 6.1% during the 1st quarter. Kestra Advisory Services LLC now owns 183,454 shares of the company’s stock worth $38,168,000 after acquiring an additional 10,516 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in 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 acquiring an additional 82,104 shares during the last quarter. Finally, Morningstar Investment Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 24.0% during the 1st quarter. Morningstar Investment Management LLC now owns 117,953 shares of the company’s stock worth $24,540,000 after acquiring an additional 22,808 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2%

NYSEARCA FTEC traded up $0.57 on Tuesday, hitting $287.87. The company’s stock had a trading volume of 319,591 shares, compared to its average volume of 363,853. Fidelity MSCI Information Technology Index ETF has a 1-year low of $198.17 and a 1-year high of $311.83. The company’s 50-day moving average is $292.37 and its 200 day moving average is $275.38. The firm has a market cap of $21.36 billion, a PE ratio of 35.45 and a beta of 1.34.

About Fidelity MSCI Information Technology Index ETF

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.