Commonwealth Equity Services LLC Purchases 517 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Commonwealth Equity Services LLC grew its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.1% in the fourth quarter, Holdings Channel reports. The firm owned 781,459 shares of the company’s stock after buying an additional 517 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $144,476,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Aptus Capital Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $37,000. Promus Capital LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $41,000. Mainstream Capital Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $44,000. Finally, Newbridge Financial Services Group Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $48,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $165.58 on Thursday. The firm’s 50 day moving average price is $183.04 and its 200-day moving average price is $180.37. 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 $12.05 billion, a P/E ratio of 36.37 and a beta of 1.15.

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.