Fidelity MSCI Information Technology Index ETF $FTEC Holdings Increased by Parallel Advisors LLC

Parallel Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1,584.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 67,274 shares of the company’s stock after purchasing an additional 63,280 shares during the quarter. Parallel Advisors LLC owned about 0.09% of Fidelity MSCI Information Technology Index ETF worth $20,186,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at about $164,961,000. International Assets Investment Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 24,943.7% during the 3rd quarter. International Assets Investment Management LLC now owns 430,000 shares of the company’s stock worth $129,026,000 after buying an additional 428,283 shares during the period. Kestra Advisory Services LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 50.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 270,806 shares of the company’s stock valued at $81,258,000 after acquiring an additional 90,617 shares during the last quarter. SteelPeak Wealth LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 2,389.5% in the 3rd quarter. SteelPeak Wealth LLC now owns 85,540 shares of the company’s stock valued at $25,667,000 after acquiring an additional 82,104 shares during the last quarter. Finally, Lido Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% in the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after acquiring an additional 75,631 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 1.4%

Shares of NYSEARCA:FTEC traded up $3.51 during mid-day trading on Friday, reaching $258.66. The stock had a trading volume of 696,524 shares, compared to its average volume of 371,014. The firm has a market cap of $19.30 billion, a PE ratio of 35.45 and a beta of 1.36. The firm has a 50 day simple moving average of $290.76 and a two-hundred day simple moving average of $261.90. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve month high of $311.83.

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.