Copperwynd Financial LLC Trims Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Copperwynd Financial LLC decreased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 20.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,112 shares of the company’s stock after selling 284 shares during the period. Copperwynd Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $37,000. Promus Capital LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $41,000. Mainstream Capital Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $44,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $48,000.

Fidelity MSCI Information Technology Index ETF Stock Up 3.2 %

NYSEARCA:FTEC opened at $167.55 on Friday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The stock has a market capitalization of $12.20 billion, a PE ratio of 36.37 and a beta of 1.15. The stock’s 50-day moving average price is $182.18 and its 200-day moving average price is $180.23.

About Fidelity MSCI Information Technology Index ETF

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.