Ameritas Advisory Services LLC Acquires 2,278 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Ameritas Advisory Services LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 14.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,416 shares of the company’s stock after purchasing an additional 2,278 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,405,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after buying an additional 809,315 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at $23,275,000. Eaton Financial Holdings Company LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter valued at $12,347,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 93.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock valued at $17,096,000 after buying an additional 47,500 shares during the period. Finally, Goldstone Financial Group LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $7,664,000.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC opened at $186.76 on Monday. The business’s 50-day moving average is $186.58 and its two-hundred day moving average is $176.91. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $192.96. The firm has a market capitalization of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41.

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.