Colonial Trust Co SC Reduces Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Colonial Trust Co SC decreased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 300 shares of the company’s stock after selling 250 shares during the period. Colonial Trust Co SC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $55,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Lido Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.0% in the fourth quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock worth $360,708,000 after acquiring an additional 37,440 shares during the period. CHURCHILL MANAGEMENT Corp grew its holdings in Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after buying an additional 7,974 shares in the last quarter. AGF Management Ltd. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 2.9% during the fourth quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock valued at $109,327,000 after buying an additional 16,514 shares during the period. LPL Financial LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 47.6% in the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock worth $71,846,000 after buying an additional 125,340 shares in the last quarter. Finally, SteelPeak Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $53,085,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.0 %

Shares of NYSEARCA:FTEC opened at $169.86 on Friday. The company has a 50 day moving average of $160.89 and a 200 day moving average of $176.70. The stock has a market cap of $12.05 billion, a P/E ratio of 32.29 and a beta of 1.23. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $193.06.

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.