Captrust Financial Advisors Decreases Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Captrust Financial Advisors lowered its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,642 shares of the company’s stock after selling 145 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity MSCI Information Technology Index ETF were worth $1,159,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FTEC. Aptus Capital Advisors LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after buying an additional 68 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $32,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $43,000. McClarren Financial Advisors Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 851.9% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock valued at $88,000 after purchasing an additional 460 shares during the last quarter. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $89,000.

Fidelity MSCI Information Technology Index ETF Trading Up 0.5 %

FTEC opened at $191.73 on Monday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $136.56 and a 12-month high of $192.36. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The company’s 50 day moving average is $180.61 and its 200 day moving average is $172.72.

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.