Level Four Advisory Services LLC Lowers Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Level Four Advisory Services LLC cut its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,441 shares of the company’s stock after selling 215 shares during the period. Level Four Advisory Services LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FTEC. Citigroup Inc. raised its position in shares of Fidelity MSCI Information Technology Index ETF by 226.0% during the third quarter. Citigroup Inc. now owns 665 shares of the company’s stock valued at $82,000 after buying an additional 461 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 56.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,355 shares of the company’s stock worth $482,000 after acquiring an additional 1,207 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $96,000. Raymond James & Associates raised its position in Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock valued at $2,868,000 after purchasing an additional 165 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 10.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 3,804 shares of the company’s stock worth $546,000 after buying an additional 363 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $158.29 on Monday. The firm has a market capitalization of $9.86 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 1-year low of $115.69 and a 1-year high of $159.99. The company’s 50-day moving average is $152.84 and its 200 day moving average is $146.78.

Fidelity MSCI Information Technology Index ETF Profile

(Free Report)

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.

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

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