Fidelity MSCI Information Technology Index ETF $FTEC Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC lowered its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 93.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 361 shares of the company’s stock after selling 4,813 shares during the quarter. Interchange Capital Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $71,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FTEC. Brighton Jones LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the fourth quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after acquiring an additional 1,458 shares during the last quarter. Sowell Financial Services LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the first quarter valued at approximately $353,000. Sagespring Wealth Partners LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 23.0% during the first quarter. Sagespring Wealth Partners LLC now owns 1,871 shares of the company’s stock valued at $302,000 after acquiring an additional 350 shares during the last quarter. Smith Shellnut Wilson LLC ADV raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.9% during the first quarter. Smith Shellnut Wilson LLC ADV now owns 14,924 shares of the company’s stock valued at $2,407,000 after acquiring an additional 135 shares during the last quarter. Finally, Lynch & Associates IN increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the first quarter. Lynch & Associates IN now owns 23,558 shares of the company’s stock valued at $3,799,000 after purchasing an additional 831 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $222.25 on Wednesday. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $229.78. The stock has a market cap of $16.18 billion, a PE ratio of 35.45 and a beta of 1.16. The stock has a 50 day moving average price of $214.19 and a 200 day moving average price of $192.14.

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.