AGF Management Ltd. Increases Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

AGF Management Ltd. grew its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 689,924 shares of the company’s stock after acquiring an additional 72,848 shares during the period. AGF Management Ltd. owned 0.94% of Fidelity MSCI Information Technology Index ETF worth $153,280,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FTEC. American National Bank & Trust raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 180.9% during the 3rd quarter. American National Bank & Trust now owns 8,685 shares of the company’s stock worth $1,930,000 after acquiring an additional 5,593 shares in the last quarter. CWM LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 36.8% during the second quarter. CWM LLC now owns 6,392 shares of the company’s stock valued at $1,261,000 after purchasing an additional 1,719 shares in the last quarter. Armor Investment Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 1.0% during the second quarter. Armor Investment Advisors LLC now owns 82,569 shares of the company’s stock valued at $16,284,000 after purchasing an additional 845 shares during the last quarter. Allworth Financial LP grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.0% in the 2nd quarter. Allworth Financial LP now owns 18,989 shares of the company’s stock worth $3,745,000 after buying an additional 1,883 shares in the last quarter. Finally, Archer Investment Corp increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 510.2% in the 2nd quarter. Archer Investment Corp now owns 2,343 shares of the company’s stock worth $462,000 after buying an additional 1,959 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 1.8%

Shares of NYSEARCA FTEC opened at $222.96 on Monday. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $240.25. The firm’s 50-day moving average price is $226.04 and its 200-day moving average price is $220.06.

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.