Richard Bernstein Advisors LLC Has $311.23 Million Stake in Fidelity MSCI Information Technology Index ETF $FTEC

Richard Bernstein Advisors LLC lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,362,189 shares of the company’s stock after selling 44,286 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up approximately 8.9% of Richard Bernstein Advisors LLC’s investment portfolio, making the stock its 4th largest position. Richard Bernstein Advisors LLC owned approximately 1.85% of Fidelity MSCI Information Technology Index ETF worth $311,234,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. AlphaCore Capital LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $26,000. Bessemer Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $26,000. Heartwood Wealth Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $32,000. First Horizon Corp bought a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $34,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $41,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $218.19 on Tuesday. The firm has a market cap of $15.93 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. The stock’s fifty day moving average price is $222.49 and its two-hundred day moving average price is $222.52. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $240.25.

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.