Brighton Jones LLC Has $5.17 Million Stake in Fidelity MSCI Information Technology Index ETF $FTEC

Brighton Jones LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 36.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,248 shares of the company’s stock after purchasing an additional 6,190 shares during the period. Brighton Jones LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,165,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FTEC. AlphaCore Capital LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth $26,000. Heartwood Wealth Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $32,000. Howe & Rusling Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $47,000. Legacy Wealth Managment LLC ID purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $49,000. Finally, Sound Income Strategies LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 20.8% during the 2nd quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock valued at $63,000 after acquiring an additional 55 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $225.46 on Monday. The firm has a market capitalization of $16.57 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. The company has a 50 day simple moving average of $226.55 and a 200-day simple moving average of $213.06. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $240.25.

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.