Fidelity MSCI Information Technology Index ETF $FTEC Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,690 shares of the company’s stock after purchasing an additional 2,322 shares during the period. Mutual Advisors LLC owned 0.06% of Fidelity MSCI Information Technology Index ETF worth $10,490,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FTEC. American National Bank & Trust increased its position in Fidelity MSCI Information Technology Index ETF by 180.9% in the 3rd quarter. American National Bank & Trust now owns 8,685 shares of the company’s stock valued at $1,930,000 after acquiring an additional 5,593 shares during the period. PFG Advisors acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $22,364,000. Capital Investment Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $778,000. Commonwealth Equity Services LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 8.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 718,643 shares of the company’s stock valued at $159,661,000 after purchasing an additional 58,076 shares in the last quarter. Finally, Perennial Investment Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $580,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA FTEC opened at $246.31 on Friday. The stock has a fifty day moving average price of $222.33 and a two-hundred day moving average price of $224.40. The firm has a market cap of $17.91 billion, a P/E ratio of 35.45 and a beta of 1.26. Fidelity MSCI Information Technology Index ETF has a 1 year low of $164.76 and a 1 year high of $248.96.

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.