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

Flagship Harbor Advisors LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,319 shares of the company’s stock after purchasing an additional 118 shares during the period. Flagship Harbor Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $213,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in Fidelity MSCI Information Technology Index ETF by 242.7% during the 4th quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock valued at $40,067,000 after purchasing an additional 153,479 shares in the last quarter. LPL Financial LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 47.6% in the 4th quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock valued at $71,846,000 after buying an additional 125,340 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $12,377,000. Lido Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.0% during the fourth quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock valued at $360,708,000 after acquiring an additional 37,440 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 22.0% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 179,336 shares of the company’s stock valued at $33,156,000 after acquiring an additional 32,295 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA FTEC opened at $195.37 on Friday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $195.51. The stock’s 50-day simple moving average is $176.42 and its 200-day simple moving average is $177.06. The firm has a market cap of $13.84 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16.

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.