Chicago Partners Investment Group LLC Acquires New Position in Fidelity MSCI Information Technology Index ETF $FTEC

Chicago Partners Investment Group LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,920 shares of the company’s stock, valued at approximately $5,664,000.

A number of other large investors have also recently modified their holdings of FTEC. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% in the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after purchasing an additional 75,631 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 24,943.7% during the 3rd quarter. International Assets Investment Management LLC now owns 430,000 shares of the company’s stock worth $129,026,000 after buying an additional 428,283 shares during the last quarter. Independence Financial Advisors LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 6.6% during the 3rd quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock worth $45,166,000 after buying an additional 9,259 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 6.1% during the 1st quarter. Kestra Advisory Services LLC now owns 183,454 shares of the company’s stock worth $38,168,000 after buying an additional 10,516 shares during the last quarter. Finally, SteelPeak Wealth LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 2,389.5% in the third quarter. SteelPeak Wealth LLC now owns 85,540 shares of the company’s stock valued at $25,667,000 after buying an additional 82,104 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 7.5%

NYSEARCA:FTEC opened at $255.15 on Friday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve month high of $311.83. The stock’s 50-day simple moving average is $291.41 and its 200 day simple moving average is $261.71. The firm has a market capitalization of $18.98 billion, a PE 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.