JSF Financial LLC Sells 5,211 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

JSF Financial LLC trimmed its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,187 shares of the company’s stock after selling 5,211 shares during the period. JSF Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,287,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Florida Financial Advisors LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 6.6% during the first quarter. Florida Financial Advisors LLC now owns 6,717 shares of the company’s stock worth $1,398,000 after acquiring an additional 414 shares in the last quarter. Assetmark Inc. grew its stake in Fidelity MSCI Information Technology Index ETF by 5.5% in the first quarter. Assetmark Inc. now owns 40,244 shares of the company’s stock valued at $8,373,000 after purchasing an additional 2,108 shares in the last quarter. Main Street Group LTD acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter worth approximately $126,000. Independent Financial Group LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter worth approximately $1,259,000. Finally, Dahring Cusmano LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.0% during the 1st quarter. Dahring Cusmano LLC now owns 16,126 shares of the company’s stock worth $3,355,000 after purchasing an additional 463 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.1%

NYSEARCA FTEC opened at $270.28 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $300.79. The stock has a 50 day moving average of $278.63 and a 200-day moving average of $243.94. The company has a market cap of $19.84 billion, a PE ratio of 35.45 and a beta of 1.34.

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.