Mokosak Advisory Group LLC Has $3.97 Million Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Mokosak Advisory Group LLC reduced its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,491 shares of the company’s stock after selling 537 shares during the period. Fidelity MSCI Information Technology Index ETF makes up 1.2% of Mokosak Advisory Group LLC’s investment portfolio, making the stock its 13th largest holding. Mokosak Advisory Group LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,974,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $37,000. Sound Income Strategies LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 146.7% during the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after buying an additional 157 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $69,000. Finally, Voisard Asset Management Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter valued at about $89,000.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC opened at $180.51 on Tuesday. The company’s 50-day moving average is $187.33 and its 200 day moving average is $177.54. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The firm has a market capitalization of $11.25 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.