Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Holdings Decreased by Fulcrum Equity Management

Fulcrum Equity Management trimmed its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,839 shares of the company’s stock after selling 48,514 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 2.5% of Fulcrum Equity Management’s portfolio, making the stock its 4th biggest position. Fulcrum Equity Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,229,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FTEC. Baron Silver Stevens Financial Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $39,000. Advisory Alpha LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth approximately $42,000. Inspire Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $42,000. JPMorgan Chase & Co. grew its stake in Fidelity MSCI Information Technology Index ETF by 155.5% in the third quarter. JPMorgan Chase & Co. now owns 511 shares of the company’s stock worth $46,000 after purchasing an additional 311 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Fidelity MSCI Information Technology Index ETF by 51.9% in the fourth quarter. Captrust Financial Advisors now owns 837 shares of the company’s stock worth $87,000 after purchasing an additional 286 shares in the last quarter.

NYSEARCA:FTEC traded up $1.12 during midday trading on Thursday, hitting $111.37. The stock had a trading volume of 1,633 shares, compared to its average volume of 336,029. Fidelity MSCI Information Technology Index ETF has a one year low of $64.72 and a one year high of $113.00. The stock has a 50-day moving average of $106.12 and a 200 day moving average of $101.26.

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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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