Bank of New York Mellon Corp Sells 4,759 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Bank of New York Mellon Corp lessened its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 19.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,308 shares of the company’s stock after selling 4,759 shares during the period. Bank of New York Mellon Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,755,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Apollon Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $219,000. JPMorgan Chase & Co. raised its stake in Fidelity MSCI Information Technology Index ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after acquiring an additional 6,629 shares during the period. Silver Oak Securities Incorporated raised its stake in Fidelity MSCI Information Technology Index ETF by 5.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after acquiring an additional 216 shares during the period. FMR LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after buying an additional 5,739 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in Fidelity MSCI Information Technology Index ETF by 0.8% in the 4th quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock valued at $1,507,000 after buying an additional 68 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $165.99 on Wednesday. The stock’s fifty day moving average price is $181.32 and its two-hundred day moving average price is $180.33. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The firm has a market cap of $11.72 billion, a price-to-earnings ratio of 33.25 and a beta of 1.17.

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.