Rehmann Capital Advisory Group Decreases Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Rehmann Capital Advisory Group lessened its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,201 shares of the company’s stock after selling 116 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,129,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth approximately $878,000. CWM LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 165.8% in the 3rd quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after purchasing an additional 1,421 shares in the last quarter. Brookstone Capital Management boosted its stake in Fidelity MSCI Information Technology Index ETF by 0.5% during the 2nd quarter. Brookstone Capital Management now owns 29,495 shares of the company’s stock worth $5,111,000 after purchasing an additional 134 shares during the last quarter. FMR LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares during the last quarter. Finally, Secure Asset Management LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6.4% during the third quarter. Secure Asset Management LLC now owns 16,584 shares of the company’s stock worth $2,894,000 after buying an additional 1,004 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 1.4 %

Shares of NYSEARCA FTEC opened at $187.62 on Wednesday. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52 week low of $136.65 and a 52 week high of $192.36. The firm has a 50-day simple moving average of $181.27 and a 200-day simple moving average of $173.11.

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.