Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by Lifeworks Advisors LLC

Lifeworks Advisors LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 56,848 shares of the company’s stock after acquiring an additional 5,069 shares during the period. Fidelity MSCI Information Technology Index ETF accounts for about 1.5% of Lifeworks Advisors LLC’s holdings, making the stock its 9th largest position. Lifeworks Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $11,827,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. CAP Partners LLC grew its position in Fidelity MSCI Information Technology Index ETF by 1.1% in the 1st quarter. CAP Partners LLC now owns 7,750 shares of the company’s stock valued at $1,612,000 after acquiring an additional 84 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 333.4% in the first quarter. Fifth Third Bancorp now owns 5,327 shares of the company’s stock valued at $1,108,000 after purchasing an additional 4,098 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 11.3% in the first quarter. Sequoia Financial Advisors LLC now owns 4,817 shares of the company’s stock valued at $1,002,000 after purchasing an additional 490 shares in the last quarter. First Horizon Corp grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2,261.3% in the first quarter. First Horizon Corp now owns 3,660 shares of the company’s stock valued at $761,000 after purchasing an additional 3,505 shares in the last quarter. Finally, Ibex Wealth Advisors purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter worth approximately $344,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $282.07 on Monday. The firm has a market cap of $20.70 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 52-week low of $197.63 and a 52-week high of $300.79. The company’s 50 day moving average is $276.96 and its two-hundred day moving average is $241.98.

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.