Global Financial Private Client LLC Boosts Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Global Financial Private Client LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 34.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,255 shares of the company’s stock after buying an additional 1,344 shares during the quarter. Global Financial Private Client LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $972,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Signal Advisors Wealth LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 10.6% during the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock valued at $296,000 after acquiring an additional 153 shares during the last quarter. BCS Wealth Management bought a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $504,000. Miracle Mile Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $202,000. Claro Advisors LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 5.7% in the 4th quarter. Claro Advisors LLC now owns 24,412 shares of the company’s stock worth $4,513,000 after buying an additional 1,316 shares during the last quarter. Finally, Accelerate Investment Advisors LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after buying an additional 94 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.9 %

Shares of NYSEARCA:FTEC opened at $180.88 on Tuesday. The company has a market cap of $11.27 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 12 month low of $140.72 and a 12 month high of $192.96. The company has a 50-day moving average price of $186.45 and a 200 day moving average price of $176.61.

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.