Fidelity MSCI Information Technology Index ETF $FTEC Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 50.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 270,806 shares of the company’s stock after acquiring an additional 90,617 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.36% of Fidelity MSCI Information Technology Index ETF worth $81,258,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FTEC. Lido Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 3.6% during the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock worth $452,679,000 after acquiring an additional 75,631 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $164,961,000. International Assets Investment Management LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 24,943.7% in the 3rd quarter. International Assets Investment Management LLC now owns 430,000 shares of the company’s stock worth $129,026,000 after purchasing an additional 428,283 shares during the last quarter. Independence Financial Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.6% in the 3rd quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock valued at $45,166,000 after purchasing an additional 9,259 shares in the last quarter. Finally, Morningstar Investment Management LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 24.0% in the 1st quarter. Morningstar Investment Management LLC now owns 117,953 shares of the company’s stock valued at $24,540,000 after purchasing an additional 22,808 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $255.15 on Friday. Fidelity MSCI Information Technology Index ETF has a one year low of $198.17 and a one year high of $311.83. The company’s 50-day simple moving average is $291.41 and its 200-day simple moving average is $261.71. The stock has a market capitalization of $18.98 billion, a price-to-earnings ratio of 35.45 and a beta of 1.36.

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.