Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by CX Institutional

CX Institutional increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 18.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 46,147 shares of the company’s stock after buying an additional 7,119 shares during the quarter. CX Institutional’s holdings in Fidelity MSCI Information Technology Index ETF were worth $13,179,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after purchasing an additional 1,458 shares during the period. Goldman Sachs Group Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the first quarter valued at about $2,532,000. Jane Street Group LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $3,833,000. Marshall Wace LLP bought a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $5,649,000. Finally, Flow Traders U.S. LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $242,000.

Fidelity MSCI Information Technology Index ETF Trading Up 1.7%

Shares of NYSEARCA FTEC opened at $274.73 on Tuesday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve month high of $300.79. The company has a market capitalization of $20.19 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. The firm has a 50-day moving average of $278.39 and a two-hundred day moving average of $247.03.

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.