Cantor Fitzgerald Investment Advisors L.P. Sells 643 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cantor Fitzgerald Investment Advisors L.P. decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,297 shares of the company’s stock after selling 643 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,828,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FTEC. Aptus Capital Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the period. Fifth Third Bancorp bought a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $37,000. Sound Income Strategies LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 146.7% during the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after buying an additional 157 shares during the period. Harbor Investment Advisory LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $69,000. Finally, Voisard Asset Management Group Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at about $89,000.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC opened at $184.75 on Friday. The firm has a market capitalization of $11.51 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The business has a 50 day simple moving average of $187.30 and a two-hundred day simple moving average of $177.81.

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.