Lynch & Associates IN Purchases 831 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Lynch & Associates IN lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,558 shares of the company’s stock after buying an additional 831 shares during the period. Lynch & Associates IN’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,799,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Lido Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 2.0% during the 4th quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock worth $360,708,000 after purchasing an additional 37,440 shares in the last quarter. AGF Management Ltd. increased its holdings in Fidelity MSCI Information Technology Index ETF by 2.9% during the 4th quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock worth $109,327,000 after purchasing an additional 16,514 shares in the last quarter. LPL Financial LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 47.6% during the 4th quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock worth $71,846,000 after purchasing an additional 125,340 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 242.7% during the 4th quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock worth $40,067,000 after purchasing an additional 153,479 shares in the last quarter. Finally, Kestra Investment Management LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 13.9% during the 4th quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock worth $35,538,000 after purchasing an additional 23,449 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 1.7%

FTEC stock opened at $188.64 on Tuesday. The stock has a 50-day moving average price of $171.71 and a two-hundred day moving average price of $176.92. The stock has a market cap of $13.47 billion, a PE ratio of 33.64 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $193.06.

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.