Atlantic Union Bankshares Corp Decreases Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Atlantic Union Bankshares Corp trimmed its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,745 shares of the company’s stock after selling 123 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $479,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% in the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after acquiring an additional 809,315 shares in the last quarter. Kestra Investment Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $23,275,000. Cetera Investment Advisers lifted its holdings in Fidelity MSCI Information Technology Index ETF by 130.8% in the 1st quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock valued at $14,884,000 after purchasing an additional 54,133 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Fidelity MSCI Information Technology Index ETF by 93.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock worth $17,096,000 after purchasing an additional 47,500 shares during the last quarter. Finally, AGF Management Ltd. boosted its stake in Fidelity MSCI Information Technology Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock worth $45,207,000 after purchasing an additional 40,910 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.0 %

Shares of NYSEARCA FTEC opened at $185.27 on Friday. The firm has a 50-day simple moving average of $178.96 and a 200-day simple moving average of $171.46. The stock has a market capitalization of $11.54 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 $135.17 and a 52 week high of $186.69.

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.