Capital & Planning LLC Increases Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Capital & Planning LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,021 shares of the company’s stock after acquiring an additional 291 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up approximately 2.8% of Capital & Planning LLC’s holdings, making the stock its 26th largest position. Capital & Planning LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,713,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Lido Advisors LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 2.0% during the 4th quarter. Lido Advisors LLC now owns 1,951,041 shares of the company’s stock valued at $360,708,000 after buying an additional 37,440 shares during the last quarter. AGF Management Ltd. raised its holdings in Fidelity MSCI Information Technology Index ETF by 2.9% during the fourth quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock valued at $109,327,000 after acquiring an additional 16,514 shares during the period. LPL Financial LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 47.6% during the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock valued at $71,846,000 after acquiring an additional 125,340 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 15.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 217,130 shares of the company’s stock valued at $35,017,000 after acquiring an additional 28,454 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 242.7% during the fourth quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock valued at $40,067,000 after acquiring an additional 153,479 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 1.4%

NYSEARCA:FTEC opened at $200.50 on Friday. The business’s 50-day simple moving average is $182.58 and its two-hundred day simple moving average is $177.34. The stock has a market cap of $14.24 billion, a PE ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $201.02.

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.