Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Position Raised by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 817,020 shares of the company’s stock after buying an additional 31,430 shares during the quarter. Commonwealth Equity Services LLC owned about 1.47% of Fidelity MSCI Information Technology Index ETF worth $106,736,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 47.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,348,408 shares of the company’s stock worth $437,436,000 after buying an additional 1,070,448 shares during the last quarter. Lido Advisors LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 3.6% in the 1st quarter. Lido Advisors LLC now owns 1,529,261 shares of the company’s stock worth $174,259,000 after purchasing an additional 53,716 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Fidelity MSCI Information Technology Index ETF by 41.7% during the second quarter. Envestnet Asset Management Inc. now owns 445,429 shares of the company’s stock worth $58,191,000 after purchasing an additional 131,103 shares during the period. LPL Financial LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 4.1% during the second quarter. LPL Financial LLC now owns 222,223 shares of the company’s stock valued at $29,031,000 after purchasing an additional 8,674 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Fidelity MSCI Information Technology Index ETF by 14.3% in the fourth quarter. Wells Fargo & Company MN now owns 146,347 shares of the company’s stock valued at $13,831,000 after purchasing an additional 18,286 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC traded down $0.03 during trading hours on Friday, hitting $135.50. 162,796 shares of the stock were exchanged, compared to its average volume of 215,183. The firm has a market capitalization of $7.55 billion, a P/E ratio of 22.84 and a beta of 1.16. The company’s 50 day moving average is $125.91 and its 200 day moving average is $126.09. Fidelity MSCI Information Technology Index ETF has a one year low of $91.74 and a one year high of $136.75.

About Fidelity MSCI Information Technology Index ETF

(Free Report)

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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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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