Halpern Financial Inc. Decreases Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Halpern Financial Inc. lessened its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,205 shares of the company’s stock after selling 3,835 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises about 2.7% of Halpern Financial Inc.’s holdings, making the stock its 14th biggest holding. Halpern Financial Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $10,648,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bank of New Hampshire acquired a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at $25,000. EverSource Wealth Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth $32,000. Ables Iannone Moore & Associates Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $34,000. Lynx Investment Advisory acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $37,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $43,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC traded up $2.12 during trading hours on Friday, reaching $173.97. The company’s stock had a trading volume of 198,198 shares, compared to its average volume of 268,478. The stock has a market cap of $10.84 billion, a PE ratio of 37.14 and a beta of 1.41. The company’s 50-day moving average is $167.19 and its two-hundred day moving average is $163.55. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $181.11.

Fidelity MSCI Information Technology Index ETF 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.