Claro Advisors Inc. Sells 3,562 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Claro Advisors Inc. cut its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 8.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,542 shares of the company’s stock after selling 3,562 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up approximately 1.1% of Claro Advisors Inc.’s holdings, making the stock its 19th largest holding. Claro Advisors Inc. owned about 0.05% of Fidelity MSCI Information Technology Index ETF worth $11,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Platform Technology Partners acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $202,000. Commonwealth Equity Services LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $164,961,000. Schmidt P J Investment Management Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $215,000. Pathway Financial Advisers LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 15.4% in the third quarter. Pathway Financial Advisers LLC now owns 1,667 shares of the company’s stock valued at $500,000 after acquiring an additional 223 shares in the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $5,664,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $255.15 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $311.83. The company has a market capitalization of $18.98 billion, a price-to-earnings ratio of 35.45 and a beta of 1.36. The company’s fifty day moving average price is $291.41 and its two-hundred day moving average price is $261.71.

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.