Blue Rock Wealth Management LLC Boosts Stake in Fidelity MSCI Information Technology Index ETF $FTEC

Blue Rock Wealth Management LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 12.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,500 shares of the company’s stock after buying an additional 400 shares during the period. Blue Rock Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $564,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FTEC. Brighton Jones LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the fourth 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. Captrust Financial Advisors raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 24.2% during the fourth quarter. Captrust Financial Advisors now owns 8,252 shares of the company’s stock worth $1,526,000 after purchasing an additional 1,610 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 19.3% during the fourth quarter. Focus Partners Wealth now owns 24,108 shares of the company’s stock worth $4,471,000 after purchasing an additional 3,905 shares during the last quarter. Main Street Group LTD raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 148.3% during the fourth quarter. Main Street Group LTD now owns 504 shares of the company’s stock worth $93,000 after purchasing an additional 301 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.5% during the fourth quarter. Snowden Capital Advisors LLC now owns 36,903 shares of the company’s stock worth $6,823,000 after purchasing an additional 1,241 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC stock opened at $209.95 on Wednesday. The firm’s fifty day moving average is $204.95 and its 200 day moving average is $183.32. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $211.47. The firm has a market cap of $15.05 billion, a PE ratio of 35.45 and a beta of 1.16.

Fidelity MSCI Information Technology Index ETF Company 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.