Fidelity MSCI Information Technology Index ETF $FTEC Holdings Lifted by Independence Financial Advisors LLC

Independence Financial Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 31.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,035 shares of the company’s stock after buying an additional 18,759 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises approximately 5.3% of Independence Financial Advisors LLC’s holdings, making the stock its 6th largest position. Independence Financial Advisors LLC owned about 0.11% of Fidelity MSCI Information Technology Index ETF worth $17,337,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. American National Bank & Trust lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 180.9% in 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 last quarter. CWM LLC increased its stake in 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 worth $1,261,000 after acquiring an additional 1,719 shares during the last quarter. Armor Investment Advisors LLC raised its position in 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 valued at $16,284,000 after purchasing an additional 845 shares during the period. Allworth Financial LP lifted its stake in shares of 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 purchasing an additional 1,883 shares during the last quarter. Finally, Integrity Alliance LLC. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $283,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $227.18 on Friday. The business’s 50 day moving average price is $225.91 and its 200-day moving average price is $217.02. 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 $16.86 billion, a P/E ratio of 35.45 and a beta of 1.24.

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.