Fidelity MSCI Information Technology Index ETF $FTEC Stock Sold by American National Bank & Trust

American National Bank & Trust cut its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 74.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,010 shares of the company’s stock after selling 45,770 shares during the period. American National Bank & Trust’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,804,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Highland Investment Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $40,000. SouthState Bank Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $50,000. Strategic Advocates LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 76.4% in the fourth quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock worth $56,000 after purchasing an additional 107 shares in the last quarter. Continuum Advisory LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $66,000. Finally, MidFirst Bank purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $73,000.

Fidelity MSCI Information Technology Index ETF Stock Down 0.5%

Shares of NYSEARCA:FTEC traded down $1.41 during midday trading on Wednesday, reaching $308.54. 79,349 shares of the company traded hands, compared to its average volume of 365,607. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $311.83. The firm’s fifty day moving average price is $288.99 and its two-hundred day moving average price is $269.78. The firm has a market capitalization of $22.68 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

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.