Raymond James & Associates Purchases 165 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Raymond James & Associates lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,969 shares of the company’s stock after purchasing an additional 165 shares during the quarter. Raymond James & Associates’ holdings in Fidelity MSCI Information Technology Index ETF were worth $2,868,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Citigroup Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 226.0% in the third quarter. Citigroup Inc. now owns 665 shares of the company’s stock worth $82,000 after acquiring an additional 461 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth about $96,000. Dynamic Advisor Solutions LLC grew its position in Fidelity MSCI Information Technology Index ETF by 1.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,574 shares of the company’s stock worth $765,000 after acquiring an additional 84 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 25.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock worth $239,000 after acquiring an additional 400 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in Fidelity MSCI Information Technology Index ETF by 84.6% in the fourth quarter. Mutual Advisors LLC now owns 10,769 shares of the company’s stock worth $1,547,000 after acquiring an additional 4,934 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 1.8 %

FTEC opened at $153.09 on Monday. The firm has a market cap of $8.53 billion, a P/E ratio of 22.84 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 12 month low of $108.86 and a 12 month high of $159.43. The stock has a 50-day moving average of $153.93 and a 200 day moving average of $142.04.

Fidelity MSCI Information Technology Index ETF Company 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.