Essex Financial Services Inc. Has $724,000 Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Essex Financial Services Inc. lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,914 shares of the company’s stock after selling 152 shares during the quarter. Essex Financial Services Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $724,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aptus Capital Advisors LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $37,000. Newbridge Financial Services Group Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $48,000. Sound Income Strategies LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 146.7% in the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after buying an additional 157 shares during the period. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $69,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.2 %

FTEC stock opened at $186.46 on Thursday. The stock has a 50-day moving average price of $187.27 and a two-hundred day moving average price of $178.29. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The stock has a market cap of $11.62 billion, a PE 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.