Wealthstar Advisors LLC raised its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,272 shares of the company’s stock after buying an additional 255 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises about 1.2% of Wealthstar Advisors LLC’s portfolio, making the stock its 13th largest position. Wealthstar Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,209,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of FTEC. Brighton Jones LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 8.8% in the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after buying an additional 1,458 shares during the period. NBC Securities Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at about $46,000. Merit Financial Group LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 8.9% in the 1st quarter. Merit Financial Group LLC now owns 1,895 shares of the company’s stock valued at $306,000 after buying an additional 155 shares during the period. Farther Finance Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 33.6% in the 1st quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock valued at $568,000 after buying an additional 878 shares during the period. Finally, Integrated Advisors Network LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 157.4% in the 1st quarter. Integrated Advisors Network LLC now owns 18,522 shares of the company’s stock valued at $2,987,000 after buying an additional 11,325 shares during the period.
Fidelity MSCI Information Technology Index ETF Stock Down 0.0%
FTEC stock opened at $228.72 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $229.00. The firm has a market cap of $16.63 billion, a P/E ratio of 35.45 and a beta of 1.16. The company’s 50-day moving average price is $213.04 and its two-hundred day moving average price is $190.82.
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.
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