Fidelity MSCI Information Technology Index ETF $FTEC Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 24,943.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 430,000 shares of the company’s stock after buying an additional 428,283 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises about 1.0% of International Assets Investment Management LLC’s holdings, making the stock its 13th largest position. International Assets Investment Management LLC owned 0.58% of Fidelity MSCI Information Technology Index ETF worth $129,026,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Soltis Investment Advisors LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. Soltis Investment Advisors LLC now owns 8,094 shares of the company’s stock worth $2,429,000 after buying an additional 289 shares during the last quarter. Everett Harris & Co. CA purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $615,000. Choreo LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $346,000. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.6% during the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,012 shares of the company’s stock worth $304,000 after acquiring an additional 35 shares during the last quarter. Finally, BOKF NA purchased a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth $80,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA:FTEC opened at $279.03 on Friday. The firm has a market capitalization of $20.73 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 52-week low of $198.17 and a 52-week high of $311.83. The firm has a fifty day moving average of $292.31 and a 200 day moving average of $260.85.

Fidelity MSCI Information Technology Index ETF Profile

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.