JSF Financial LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 70.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,398 shares of the company’s stock after acquiring an additional 4,707 shares during the period. Fidelity MSCI Information Technology Index ETF makes up about 0.5% of JSF Financial LLC’s investment portfolio, making the stock its 27th largest position. JSF Financial LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,561,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Financial Life Planners bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $25,000. Bessemer Group Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $26,000. Wealth Watch Advisors INC bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $30,000. Strategic Advocates LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $31,000. Finally, First Horizon Corp bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $34,000.
Fidelity MSCI Information Technology Index ETF Trading Up 2.7%
FTEC stock opened at $268.37 on Friday. The stock has a 50-day moving average price of $224.74 and a two-hundred day moving average price of $225.16. The stock has a market cap of $19.51 billion, a PE ratio of 35.45 and a beta of 1.31. Fidelity MSCI Information Technology Index ETF has a 1 year low of $168.95 and a 1 year high of $268.45.
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.
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Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
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