Sunbelt Securities Inc. Has $4.04 Million Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Sunbelt Securities Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 25.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,199 shares of the company’s stock after acquiring an additional 3,637 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,043,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FTEC. Mercer Global Advisors Inc. ADV boosted its stake in Fidelity MSCI Information Technology Index ETF by 6,087.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 479,401 shares of the company’s stock worth $106,504,000 after purchasing an additional 471,653 shares during the period. PFG Advisors purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at $22,364,000. Orion Porfolio Solutions LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 406.9% in the second quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock worth $21,321,000 after buying an additional 86,780 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 4,004.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 86,073 shares of the company’s stock valued at $16,975,000 after buying an additional 83,976 shares in the last quarter. Finally, AGF Management Ltd. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 11.8% during the third quarter. AGF Management Ltd. now owns 689,924 shares of the company’s stock valued at $153,280,000 after buying an additional 72,848 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.3%

NYSEARCA:FTEC opened at $216.86 on Wednesday. The business’s fifty day moving average price is $221.33 and its 200 day moving average price is $222.88. The firm has a market capitalization of $15.83 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 1-year low of $134.11 and a 1-year high of $240.25.

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.