Csenge Advisory Group Has $898,000 Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Csenge Advisory Group increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 207.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,856 shares of the company’s stock after purchasing an additional 3,275 shares during the quarter. Csenge Advisory Group’s holdings in Fidelity MSCI Information Technology Index ETF were worth $898,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTEC. Alpha Financial Partners LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth about $1,129,000. CWM LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 165.8% during the third quarter. CWM LLC now owns 2,278 shares of the company’s stock worth $398,000 after buying an additional 1,421 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 4.3% during the third quarter. Stratos Wealth Advisors LLC now owns 2,746 shares of the company’s stock worth $479,000 after buying an additional 114 shares during the last quarter. Raymond James & Associates boosted its holdings in Fidelity MSCI Information Technology Index ETF by 40.5% during the third quarter. Raymond James & Associates now owns 31,741 shares of the company’s stock worth $5,539,000 after buying an additional 9,150 shares during the last quarter. Finally, Sweeney & Michel LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 4.5% during the third quarter. Sweeney & Michel LLC now owns 6,679 shares of the company’s stock worth $1,199,000 after buying an additional 286 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.4 %

Shares of FTEC opened at $190.25 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The stock has a market cap of $11.85 billion, a P/E ratio of 37.14 and a beta of 1.41. The stock’s 50-day moving average price is $187.11 and its two-hundred day moving average price is $178.96.

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.