Sequoia Financial Advisors LLC Increases Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Sequoia Financial Advisors LLC increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 10.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,364 shares of the company’s stock after purchasing an additional 322 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $587,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FTEC. WealthShield Partners LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.2% during the 2nd quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock valued at $579,000 after buying an additional 73 shares in the last quarter. Fifth Third Securities Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the 2nd quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock worth $370,000 after acquiring an additional 76 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in Fidelity MSCI Information Technology Index ETF by 2.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock worth $598,000 after purchasing an additional 81 shares during the period. Liberty Wealth Management LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 1.7% in the 2nd quarter. Liberty Wealth Management LLC now owns 5,412 shares of the company’s stock worth $928,000 after purchasing an additional 93 shares during the period. Finally, Valley Brook Capital Group Inc. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 5.2% during the 2nd quarter. Valley Brook Capital Group Inc. now owns 2,025 shares of the company’s stock valued at $347,000 after acquiring an additional 100 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.5 %

FTEC stock opened at $179.09 on Friday. The business’s fifty day simple moving average is $172.08 and its two-hundred day simple moving average is $166.02. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $181.49. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company Profile

(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.

See Also

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

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