Patron Partners LLC Decreases Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Patron Partners LLC cut its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,799 shares of the company’s stock after selling 424 shares during the quarter. Patron Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $749,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after acquiring an additional 1,458 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 9.2% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 2,366 shares of the company’s stock worth $437,000 after acquiring an additional 200 shares during the period. Wood Tarver Financial Group LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $29,000. Centaurus Financial Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the 4th quarter. Centaurus Financial Inc. now owns 2,408 shares of the company’s stock worth $445,000 after acquiring an additional 92 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 28.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,581 shares of the company’s stock worth $5,654,000 after acquiring an additional 6,758 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC stock opened at $219.31 on Friday. The company has a market capitalization of $15.72 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $223.99. The stock has a fifty day moving average of $209.06 and a 200-day moving average of $186.82.

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.