AGF Management Ltd. Acquires 16,514 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 591,343 shares of the company’s stock after purchasing an additional 16,514 shares during the period. AGF Management Ltd. owned about 0.95% of Fidelity MSCI Information Technology Index ETF worth $109,327,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FTEC. SteelPeak Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $53,085,000. Eaton Financial Holdings Company LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $12,347,000. Raymond James Financial Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $12,377,000. Goldstone Financial Group LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $7,664,000. Finally, Kestra Investment Management LLC raised its position in Fidelity MSCI Information Technology Index ETF by 24.4% in the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock worth $29,450,000 after purchasing an additional 33,071 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC stock opened at $163.43 on Tuesday. The company has a 50 day moving average price of $183.86 and a 200 day moving average price of $180.54. 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 stock has a market capitalization of $11.90 billion, a PE ratio of 36.37 and a beta of 1.15.

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.