Signaturefd LLC Purchases 1,853 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Signaturefd LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,853 shares of the company’s stock, valued at approximately $556,000.

Several other large investors also recently added to or reduced their stakes in the company. Lido Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 3.6% during the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after acquiring an additional 75,631 shares in the last quarter. Independence Financial Advisors LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.6% in the third quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock worth $45,166,000 after buying an additional 9,259 shares during the last quarter. Kestra Advisory Services LLC lifted its position in 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 worth $38,168,000 after acquiring an additional 10,516 shares during the last quarter. SteelPeak Wealth LLC increased its position in Fidelity MSCI Information Technology Index ETF by 2,389.5% in the 3rd quarter. SteelPeak Wealth LLC now owns 85,540 shares of the company’s stock worth $25,667,000 after buying an additional 82,104 shares during the period. Finally, Morningstar Investment Management LLC boosted its holdings 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 valued at $24,540,000 after purchasing an additional 22,808 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 1.1%

Shares of FTEC opened at $291.71 on Friday. The firm has a market capitalization of $21.67 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83. The stock’s 50-day moving average price is $292.37 and its 200 day moving average price is $260.59.

About Fidelity MSCI Information Technology Index ETF

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.