Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC boosted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 32,066 shares of the company’s stock after purchasing an additional 774 shares during the period. Fidelity MSCI Information Technology Index ETF comprises approximately 0.8% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 21st largest position. Patriot Financial Group Insurance Agency LLC owned 0.05% of Fidelity MSCI Information Technology Index ETF worth $5,500,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in FTEC. Bank of New Hampshire purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter worth approximately $25,000. Larson Financial Group LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 193.8% during the 4th quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock worth $27,000 after purchasing an additional 124 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $34,000. Lynx Investment Advisory purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $37,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $43,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded up $0.86 during trading on Tuesday, hitting $171.58. 257,952 shares of the stock were exchanged, compared to its average volume of 282,200. Fidelity MSCI Information Technology Index ETF has a 12-month low of $118.39 and a 12-month high of $181.11. The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s 50-day moving average price is $169.96 and its 200 day moving average price is $160.54.

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.