Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Holdings Raised by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,690 shares of the company’s stock after buying an additional 176 shares during the period. PNC Financial Services Group Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $273,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FTEC. Ameriprise Financial Inc. boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 242.7% in the fourth quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock valued at $40,067,000 after acquiring an additional 153,479 shares in the last quarter. TBH Global Asset Management LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1,753.6% in the first quarter. TBH Global Asset Management LLC now owns 160,615 shares of the company’s stock valued at $25,902,000 after acquiring an additional 151,950 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at approximately $16,917,000. Independence Financial Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at approximately $9,858,000. Finally, Lido Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.0% in 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.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $208.15 on Friday. The firm has a 50 day simple moving average of $199.17 and a 200-day simple moving average of $180.95. The stock has a market capitalization of $14.92 billion, a PE ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $211.47.

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.