Capital Advisors Inc. OK Has $310,000 Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Capital Advisors Inc. OK trimmed its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 23.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,571 shares of the company’s stock after selling 478 shares during the quarter. Capital Advisors Inc. OK’s holdings in Fidelity MSCI Information Technology Index ETF were worth $310,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. TBH Global Asset Management LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 1,753.6% during the first quarter. TBH Global Asset Management LLC now owns 160,615 shares of the company’s stock worth $25,902,000 after purchasing an additional 151,950 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at approximately $16,917,000. Independence Financial Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $9,858,000. CacheTech Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter worth $6,532,000. Finally, Grimes & Company Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $7,908,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $226.98 on Tuesday. The stock has a market capitalization of $16.50 billion, a P/E ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $228.25. The stock has a fifty day moving average of $211.76 and a 200-day moving average of $189.91.

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.