Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stake Increased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,319 shares of the company’s stock after acquiring an additional 118 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $213,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the fourth quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after purchasing an additional 1,458 shares during the last quarter. Truist Financial Corp raised its stake in Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock valued at $1,507,000 after buying an additional 68 shares in the last quarter. Nwam LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 407.4% during the 4th quarter. Nwam LLC now owns 7,809 shares of the company’s stock worth $1,444,000 after buying an additional 6,270 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 14.0% during the 4th quarter. QRG Capital Management Inc. now owns 1,377 shares of the company’s stock worth $255,000 after buying an additional 169 shares during the last quarter. Finally, Verus Capital Partners LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 73.0% in the 4th quarter. Verus Capital Partners LLC now owns 3,355 shares of the company’s stock worth $620,000 after acquiring an additional 1,416 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.9%

Shares of NYSEARCA FTEC opened at $195.37 on Friday. The company has a market capitalization of $13.84 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $195.51. The business has a 50 day simple moving average of $176.42 and a 200-day simple moving average of $177.06.

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.