Stone House Investment Management LLC Has $32,000 Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Stone House Investment Management LLC decreased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 66.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222 shares of the company’s stock after selling 434 shares during the period. Stone House Investment Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $32,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Citigroup Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 226.0% in the third quarter. Citigroup Inc. now owns 665 shares of the company’s stock worth $82,000 after buying an additional 461 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $96,000. Prime Capital Investment Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 10.5% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 3,804 shares of the company’s stock worth $546,000 after purchasing an additional 363 shares during the period. Raymond James & Associates boosted its position in Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock worth $2,868,000 after purchasing an additional 165 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 1.5% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,574 shares of the company’s stock worth $765,000 after purchasing an additional 84 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC traded down $2.29 during mid-day trading on Wednesday, hitting $147.92. The company’s stock had a trading volume of 236,274 shares, compared to its average volume of 260,695. Fidelity MSCI Information Technology Index ETF has a one year low of $108.86 and a one year high of $159.43. The firm has a market capitalization of $9.18 billion, a PE ratio of 38.28 and a beta of 1.36. The stock’s 50-day moving average is $153.93 and its two-hundred day moving average is $142.57.

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.