Fidelity MSCI Information Technology Index ETF $FTEC Stock Position Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,336 shares of the company’s stock after acquiring an additional 7,818 shares during the period. JPMorgan Chase & Co. owned about 0.20% of Fidelity MSCI Information Technology Index ETF worth $31,845,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American National Bank & Trust boosted its position in 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 purchasing an additional 5,593 shares during the period. Armor Investment Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF by 1.0% in 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 during the period. JBR Co Financial Management Inc increased its position in Fidelity MSCI Information Technology Index ETF by 28.9% in the second quarter. JBR Co Financial Management Inc now owns 13,825 shares of the company’s stock worth $2,727,000 after buying an additional 3,102 shares during the period. PFG Advisors bought a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $22,364,000. Finally, Brighton Jones LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 36.3% in the third quarter. Brighton Jones LLC now owns 23,248 shares of the company’s stock valued at $5,165,000 after buying an additional 6,190 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $210.06 on Monday. The firm has a fifty day moving average of $220.52 and a 200-day moving average of $223.03. The company has a market cap of $15.33 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $240.25.

Fidelity MSCI Information Technology Index ETF Company 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.