Fidelity MSCI Information Technology Index ETF $FTEC Shares Purchased by Assetmark Inc.

Assetmark Inc. increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 14.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,991 shares of the company’s stock after acquiring an additional 7,477 shares during the quarter. Assetmark Inc. owned approximately 0.08% of Fidelity MSCI Information Technology Index ETF worth $13,106,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. American National Bank & Trust lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 180.9% during the 3rd quarter. American National Bank & Trust now owns 8,685 shares of the company’s stock valued at $1,930,000 after acquiring an additional 5,593 shares during the period. CWM LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 36.8% during the second quarter. CWM LLC now owns 6,392 shares of the company’s stock valued at $1,261,000 after acquiring an additional 1,719 shares during the last quarter. Armor Investment Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.0% during the second quarter. Armor Investment Advisors LLC now owns 82,569 shares of the company’s stock worth $16,284,000 after buying an additional 845 shares in the last quarter. Allworth Financial LP raised its holdings in Fidelity MSCI Information Technology Index ETF by 11.0% in the 2nd quarter. Allworth Financial LP now owns 18,989 shares of the company’s stock valued at $3,745,000 after acquiring an additional 1,883 shares during the last quarter. Finally, Archer Investment Corp increased its stake in Fidelity MSCI Information Technology Index ETF by 510.2% in the second quarter. Archer Investment Corp now owns 2,343 shares of the company’s stock valued at $462,000 after purchasing an additional 1,959 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.1%

NYSEARCA:FTEC opened at $217.95 on Monday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $240.25. The company has a market cap of $15.91 billion, a P/E ratio of 35.45 and a beta of 1.24. The firm’s 50 day moving average is $225.10 and its two-hundred day moving average is $221.12.

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.