Kestra Investment Management LLC Acquires 33,071 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Kestra Investment Management LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 24.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 168,770 shares of the company’s stock after acquiring an additional 33,071 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up approximately 1.3% of Kestra Investment Management LLC’s holdings, making the stock its 22nd biggest holding. Kestra Investment Management LLC owned about 0.27% of Fidelity MSCI Information Technology Index ETF worth $29,450,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% in the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after purchasing an additional 809,315 shares during the period. Cetera Investment Advisers lifted its holdings in Fidelity MSCI Information Technology Index ETF by 130.8% during the first quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock worth $14,884,000 after buying an additional 54,133 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in Fidelity MSCI Information Technology Index ETF by 93.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock valued at $17,096,000 after acquiring an additional 47,500 shares in the last quarter. AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 18.4% in the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock valued at $45,207,000 after acquiring an additional 40,910 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth $43,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $185.27 on Friday. The stock’s 50-day moving average is $178.96 and its 200 day moving average is $171.57. Fidelity MSCI Information Technology Index ETF has a 1-year low of $135.17 and a 1-year high of $186.69. The company has a market cap of $11.54 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.