Fidelity MSCI Information Technology Index ETF $FTEC Position Boosted by American National Bank & Trust

American National Bank & Trust boosted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 180.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,685 shares of the company’s stock after acquiring an additional 5,593 shares during the quarter. American National Bank & Trust’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,930,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 23.9% in the second quarter. Envestnet Asset Management Inc. now owns 659,540 shares of the company’s stock worth $130,074,000 after purchasing an additional 127,232 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 406.9% in the second quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock worth $21,321,000 after purchasing an additional 86,780 shares during the period. Steward Partners Investment Advisory LLC grew its position in Fidelity MSCI Information Technology Index ETF by 4,004.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 86,073 shares of the company’s stock valued at $16,975,000 after buying an additional 83,976 shares in the last quarter. SteelPeak Wealth LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $14,173,000. Finally, Lido Advisors LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 3.2% during the 2nd quarter. Lido Advisors LLC now owns 2,092,518 shares of the company’s stock valued at $412,687,000 after buying an additional 64,807 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Up 0.4%

FTEC stock opened at $225.48 on Friday. The firm’s 50-day moving average is $226.87 and its two-hundred day moving average is $215.47. The company has a market capitalization of $16.57 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. 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.