Mutual Advisors LLC Boosts Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Mutual Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 126.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,334 shares of the company’s stock after buying an additional 5,217 shares during the period. Mutual Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,913,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. IMA Advisory Services Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth about $25,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth about $49,000. Whittier Trust Co. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth about $51,000. Finally, Rossby Financial LCC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth about $57,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.2%

Fidelity MSCI Information Technology Index ETF stock opened at $223.73 on Friday. The firm has a 50-day moving average of $214.90 and a 200-day moving average of $192.79. The firm has a market cap of $16.31 billion, a P/E ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 1-year low of $134.11 and a 1-year high of $229.78.

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.