Raymond James & Associates Purchases 803 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Raymond James & Associates boosted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,591 shares of the company’s stock after purchasing an additional 803 shares during the period. Raymond James & Associates’ holdings in Fidelity MSCI Information Technology Index ETF were worth $3,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of FTEC. Bank of New Hampshire purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter valued at $25,000. Ables Iannone Moore & Associates Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $34,000. Lynx Investment Advisory purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $37,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $43,000. Finally, ICA Group Wealth Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $49,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $170.47 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $181.11. The company has a market capitalization of $10.62 billion, a PE ratio of 37.14 and a beta of 1.41. The company has a 50 day moving average price of $169.67 and a 200-day moving average price of $160.89.

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.