Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Sold by Valmark Advisers Inc.

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Valmark Advisers Inc. trimmed its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,659 shares of the company’s stock after selling 1,467 shares during the quarter. Valmark Advisers Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,073,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sandy Spring Bank grew its holdings in Fidelity MSCI Information Technology Index ETF by 9.4% during the second quarter. Sandy Spring Bank now owns 1,313 shares of the company’s stock worth $108,000 after acquiring an additional 113 shares during the period. Atlas Brown Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 1.2% during the 2nd quarter. Atlas Brown Inc. now owns 11,427 shares of the company’s stock valued at $940,000 after purchasing an additional 132 shares in the last quarter. Partnervest Advisory Services LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 4.4% during the 3rd quarter. Partnervest Advisory Services LLC now owns 3,156 shares of the company’s stock valued at $291,000 after purchasing an additional 132 shares in the last quarter. Liberty Wealth Management LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 19.0% during the 3rd quarter. Liberty Wealth Management LLC now owns 832 shares of the company’s stock valued at $77,000 after purchasing an additional 133 shares in the last quarter. Finally, Xcel Wealth Management LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 4.7% during the 3rd quarter. Xcel Wealth Management LLC now owns 3,324 shares of the company’s stock valued at $306,000 after purchasing an additional 148 shares in the last quarter.

NYSEARCA:FTEC opened at $97.04 on Tuesday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $53.00 and a fifty-two week high of $100.77. The firm has a 50-day simple moving average of $93.67 and a two-hundred day simple moving average of $86.21.

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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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