Claro Advisors Inc. Purchases 3,566 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Claro Advisors Inc. lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 36,641 shares of the company’s stock after purchasing an additional 3,566 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for approximately 1.1% of Claro Advisors Inc.’s holdings, making the stock its 20th biggest holding. Claro Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $8,232,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FTEC. Brighton Jones LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 8.8% in the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after purchasing an additional 1,458 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth about $2,532,000. Jane Street Group LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth about $3,833,000. Marshall Wace LLP bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth about $5,649,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth about $242,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC opened at $279.21 on Thursday. The firm’s 50-day simple moving average is $262.16 and its 200-day simple moving average is $235.67. Fidelity MSCI Information Technology Index ETF has a twelve month low of $185.26 and a twelve month high of $300.79. The firm has a market cap of $20.30 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

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.