Walkner Condon Financial Advisors LLC Sells 3,160 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Walkner Condon Financial Advisors LLC reduced its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 56.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,467 shares of the company’s stock after selling 3,160 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $32,000. Lynx Investment Advisory purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $37,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $43,000. Advisors Preferred LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $63,000. Finally, McClarren Financial Advisors Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 851.9% in the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock valued at $88,000 after purchasing an additional 460 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 2.1 %

Shares of NYSEARCA:FTEC opened at $186.01 on Friday. The stock has a market cap of $11.59 billion, a PE ratio of 37.14 and a beta of 1.41. The company’s fifty day moving average is $173.41 and its 200 day moving average is $167.70. Fidelity MSCI Information Technology Index ETF has a 52 week low of $129.12 and a 52 week high of $186.11.

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.