Lynch & Associates IN Sells 146 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Lynch & Associates IN decreased its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.6% during the fourth quarter, HoldingsChannel reports. The firm owned 22,727 shares of the company’s stock after selling 146 shares during the period. Lynch & Associates IN’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,202,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Aptus Capital Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares in the last quarter. Capital Advisors Inc. OK raised 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 acquiring an additional 74 shares in the last quarter. Pathway Financial Advisers LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 11.5% during the second quarter. Pathway Financial Advisers LLC now owns 1,028 shares of the company’s stock valued at $176,000 after acquiring an additional 106 shares during the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 2.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 4,149 shares of the company’s stock worth $721,000 after purchasing an additional 107 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 4.3% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,746 shares of the company’s stock worth $479,000 after purchasing an additional 114 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 2.1 %

Shares of FTEC traded down $3.93 during mid-day trading on Friday, hitting $182.52. 391,670 shares of the company traded hands, compared to its average volume of 337,340. The business has a 50 day moving average of $186.15 and a 200 day moving average of $176.37. The company has a market capitalization of $11.37 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 1-year low of $140.68 and a 1-year high of $192.96.

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.