Cambridge Investment Research Advisors Inc. Purchases 30,245 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cambridge Investment Research Advisors Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 18.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 196,291 shares of the company’s stock after acquiring an additional 30,245 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $28,195,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 193.8% in the 4th quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after purchasing an additional 124 shares in the last quarter. NBC Securities Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $29,000. Provence Wealth Management Group acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $37,000. Key Financial Inc bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $38,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $43,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC traded up $1.45 during mid-day trading on Friday, hitting $162.11. 76,303 shares of the stock traded hands, compared to its average volume of 248,022. The company has a market cap of $10.10 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $163.23. The firm has a 50 day simple moving average of $153.22 and a two-hundred day simple moving average of $147.60.

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.