JBR Co Financial Management Inc Raises Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

JBR Co Financial Management Inc lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,155 shares of the company’s stock after purchasing an additional 332 shares during the quarter. JBR Co Financial Management Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $900,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FTEC. CHURCHILL MANAGEMENT Corp acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at approximately $196,694,000. Commonwealth Equity Services LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 2.4% in the second quarter. Commonwealth Equity Services LLC now owns 843,576 shares of the company’s stock valued at $144,690,000 after acquiring an additional 20,151 shares during the period. LPL Financial LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.5% during the 2nd quarter. LPL Financial LLC now owns 278,685 shares of the company’s stock worth $47,800,000 after purchasing an additional 4,017 shares during the period. AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock valued at $45,207,000 after purchasing an additional 40,910 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth about $23,275,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.3 %

Shares of FTEC stock traded up $0.56 during trading hours on Friday, hitting $178.65. 141,570 shares of the company’s stock were exchanged, compared to its average volume of 266,155. The firm has a 50 day moving average of $168.45 and a two-hundred day moving average of $164.26. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $181.11. The firm has a market cap of $11.13 billion, a P/E ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company 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.