Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 18.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,291 shares of the company’s stock after purchasing an additional 30,245 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.35% of Fidelity MSCI Information Technology Index ETF worth $28,195,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Larson Financial Group LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 193.8% in the 4th quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after buying an additional 124 shares during the last quarter. NBC Securities Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $29,000. Key Financial Inc acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $38,000. Provence Wealth Management Group purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $37,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $43,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.9 %

Shares of NYSEARCA FTEC traded up $1.45 during mid-day trading on Friday, hitting $162.11. 76,303 shares of the company were exchanged, compared to its average volume of 248,022. The firm has a market cap of $10.10 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The stock has a 50 day simple moving average of $153.22 and a 200-day simple moving average of $147.60. Fidelity MSCI Information Technology Index ETF has a 1-year low of $118.39 and a 1-year high of $163.23.

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.