Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Position Increased by Independent Wealth Network Inc.

Independent Wealth Network Inc. boosted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,988 shares of the company’s stock after purchasing an additional 100 shares during the quarter. Independent Wealth Network Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $368,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp lifted its position in Fidelity MSCI Information Technology Index ETF by 0.6% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after purchasing an additional 7,974 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after buying an additional 809,315 shares in the last quarter. Kestra Investment Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 24.4% during the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock worth $29,450,000 after buying an additional 33,071 shares in the last quarter. FMR LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after buying an additional 5,739 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after buying an additional 6,629 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 2.0 %

FTEC stock opened at $192.02 on Thursday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $192.96. The company has a market capitalization of $11.96 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s 50-day moving average is $186.67 and its two-hundred day moving average is $177.06.

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.