Fidelity MSCI Information Technology Index ETF $FTEC Stock Bought by Independence Financial Advisors LLC

Independence Financial Advisors LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 150,522 shares of the company’s stock after purchasing an additional 9,259 shares during the period. Fidelity MSCI Information Technology Index ETF comprises about 11.4% of Independence Financial Advisors LLC’s holdings, making the stock its 2nd largest holding. Independence Financial Advisors LLC owned approximately 0.20% of Fidelity MSCI Information Technology Index ETF worth $45,166,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FTEC. Lido Advisors LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 3.6% in the first quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock worth $452,679,000 after buying an additional 75,631 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 14.1% in the 4th quarter. LPL Financial LLC now owns 694,702 shares of the company’s stock valued at $156,079,000 after purchasing an additional 85,840 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6.1% during the 1st quarter. Kestra Advisory Services LLC now owns 183,454 shares of the company’s stock valued at $38,168,000 after purchasing an additional 10,516 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 72.0% during the 4th quarter. Principal Securities Inc. now owns 149,048 shares of the company’s stock valued at $33,487,000 after purchasing an additional 62,396 shares during the last quarter. Finally, Morningstar Investment Management LLC raised its position in Fidelity MSCI Information Technology Index ETF by 24.0% in the 1st quarter. Morningstar Investment Management LLC now owns 117,953 shares of the company’s stock worth $24,540,000 after purchasing an additional 22,808 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock traded down $5.16 during mid-day trading on Thursday, hitting $303.76. The company’s stock had a trading volume of 306,233 shares, compared to its average volume of 365,885. The business has a 50 day moving average price of $290.01 and a 200-day moving average price of $270.44. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $311.83. The stock has a market cap of $22.33 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

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.