Fidelity MSCI Information Tech ETF (FTEC) Shares Sold by Spinnaker Trust

Spinnaker Trust trimmed its position in shares of Fidelity MSCI Information Tech ETF (NYSE:FTEC) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 208,718 shares of the exchange traded fund’s stock after selling 4,262 shares during the quarter. Fidelity MSCI Information Tech ETF makes up 1.2% of Spinnaker Trust’s holdings, making the stock its 16th biggest holding. Spinnaker Trust’s holdings in Fidelity MSCI Information Tech ETF were worth $9,634,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Eqis Capital Management Inc. boosted its position in Fidelity MSCI Information Tech ETF by 60.3% in the third quarter. Eqis Capital Management Inc. now owns 64,742 shares of the exchange traded fund’s stock worth $2,988,000 after purchasing an additional 24,345 shares during the last quarter. Whalerock Point Partners LLC purchased a new position in shares of Fidelity MSCI Information Tech ETF during the 2nd quarter valued at $341,000. Ameriprise Financial Inc. lifted its position in shares of Fidelity MSCI Information Tech ETF by 3.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 97,434 shares of the exchange traded fund’s stock valued at $4,205,000 after buying an additional 2,956 shares during the last quarter. Traynor Capital Management Inc. raised its stake in shares of Fidelity MSCI Information Tech ETF by 3.2% during the 2nd quarter. Traynor Capital Management Inc. now owns 61,630 shares of the exchange traded fund’s stock valued at $2,761,000 after purchasing an additional 1,927 shares during the period. Finally, Wealthsource Partners LLC raised its stake in shares of Fidelity MSCI Information Tech ETF by 0.8% during the 2nd quarter. Wealthsource Partners LLC now owns 93,741 shares of the exchange traded fund’s stock valued at $4,005,000 after purchasing an additional 705 shares during the period.

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Fidelity MSCI Information Tech ETF (NYSE FTEC) traded down $0.10 during trading hours on Tuesday, hitting $49.92. The company had a trading volume of 194,161 shares. Fidelity MSCI Information Tech ETF has a 12 month low of $35.33 and a 12 month high of $50.46.

Institutional Ownership by Quarter for Fidelity MSCI Information Tech ETF (NYSE:FTEC)

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