Everpar Advisors LLC Purchases 4,020 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Everpar Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 37.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,831 shares of the company’s stock after acquiring an additional 4,020 shares during the period. Fidelity MSCI Information Technology Index ETF comprises approximately 1.2% of Everpar Advisors LLC’s holdings, making the stock its 16th largest position. Everpar Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,235,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTEC. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity MSCI Information Technology Index ETF by 129.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 700,423 shares of the company’s stock valued at $157,364,000 after purchasing an additional 394,739 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 406.9% in the second quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock worth $21,321,000 after purchasing an additional 86,780 shares during the last quarter. LPL Financial LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 14.1% in the fourth quarter. LPL Financial LLC now owns 694,702 shares of the company’s stock worth $156,079,000 after purchasing an additional 85,840 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.6% during the first quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after purchasing an additional 75,631 shares in the last quarter. Finally, Principal Securities Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 72.0% during the fourth quarter. Principal Securities Inc. now owns 149,048 shares of the company’s stock valued at $33,487,000 after purchasing an additional 62,396 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $289.84 on Friday. Fidelity MSCI Information Technology Index ETF has a one year low of $198.17 and a one year high of $300.79. The business’s fifty day moving average is $278.63 and its 200 day moving average is $248.59. The stock has a market capitalization of $21.30 billion, a PE ratio of 35.45 and a beta of 1.34.

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.