Commonwealth Equity Services LLC Has $159.66 Million Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Commonwealth Equity Services LLC grew its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 8.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 718,643 shares of the company’s stock after purchasing an additional 58,076 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.98% of Fidelity MSCI Information Technology Index ETF worth $159,661,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FTEC. Lido Advisors LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 3.2% in the 2nd quarter. Lido Advisors LLC now owns 2,092,518 shares of the company’s stock worth $412,687,000 after acquiring an additional 64,807 shares during the period. Envestnet Asset Management Inc. grew its position 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 valued at $130,074,000 after purchasing an additional 127,232 shares during the last quarter. AGF Management Ltd. increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.5% in the second quarter. AGF Management Ltd. now owns 617,076 shares of the company’s stock worth $121,700,000 after purchasing an additional 9,114 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 26.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 292,925 shares of the company’s stock worth $57,771,000 after purchasing an additional 61,522 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 13.0% during the 2nd quarter. Kestra Investment Management LLC now owns 241,903 shares of the company’s stock valued at $47,708,000 after purchasing an additional 27,770 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 0.4%

Shares of NYSEARCA FTEC opened at $225.48 on Monday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $240.25. The company has a market cap of $16.73 billion, a P/E ratio of 35.45 and a beta of 1.24. The business’s 50 day moving average is $226.87 and its two-hundred day moving average is $215.87.

Fidelity MSCI Information Technology Index ETF Profile

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.