Fidelity MSCI Information Technology Index ETF $FTEC Stock: Kestra Advisory Services LLC Raises Stake

Kestra Advisory Services LLC grew its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 50.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 270,806 shares of the company’s stock after acquiring an additional 90,617 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $81,258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FTEC. Lido Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 3.6% during the first quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock worth $452,679,000 after purchasing an additional 75,631 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth $164,961,000. International Assets Investment Management LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 24,943.7% in the third quarter. International Assets Investment Management LLC now owns 430,000 shares of the company’s stock worth $129,026,000 after purchasing an additional 428,283 shares during the period. Independence Financial Advisors LLC boosted its holdings in 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 purchasing an additional 9,259 shares during the period. Finally, Morningstar Investment Management LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 24.0% in the first 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

FTEC stock opened at $255.15 on Friday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $198.17 and a 1-year high of $311.83. The firm has a fifty day moving average price of $291.41 and a two-hundred day moving average price of $261.71. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 35.45 and a beta of 1.36.

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.