Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 7.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,744 shares of the company’s stock after purchasing an additional 2,689 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 1.1% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings, making the stock its 17th biggest position. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned approximately 0.06% of Fidelity MSCI Information Technology Index ETF worth $8,036,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of FTEC. Brighton Jones LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 8.8% during the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after purchasing an additional 1,458 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 16.4% in the 1st quarter. DAVENPORT & Co LLC now owns 9,806 shares of the company’s stock valued at $1,581,000 after acquiring an additional 1,383 shares during the last quarter. Rossby Financial LCC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter worth $57,000. Private Trust Co. NA boosted its holdings in Fidelity MSCI Information Technology Index ETF by 34.5% during the first quarter. Private Trust Co. NA now owns 1,041 shares of the company’s stock worth $168,000 after buying an additional 267 shares in the last quarter. Finally, Calamos Wealth Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 5.0% during the 1st quarter. Calamos Wealth Management LLC now owns 3,170 shares of the company’s stock valued at $511,000 after acquiring an additional 150 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 1.2%

NYSEARCA:FTEC opened at $235.80 on Friday. The stock has a market capitalization of $17.33 billion, a PE ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $240.25. The stock’s 50-day moving average price is $219.55 and its 200-day moving average price is $198.56.

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.