Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 183,454 shares of the company’s stock after purchasing an additional 10,516 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $38,168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Wealth Watch Advisors INC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $30,000. Strategic Advocates LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the third quarter valued at about $31,000. Elyxium Wealth LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $37,000. SouthState Bank Corp acquired a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $50,000. Finally, MidFirst Bank bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $73,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.3%

Fidelity MSCI Information Technology Index ETF stock traded up $0.83 during trading hours on Friday, hitting $282.07. 231,368 shares of the company traded hands, compared to its average volume of 415,142. The firm has a market cap of $20.70 billion, a P/E ratio of 35.45 and a beta of 1.34. The firm’s 50-day simple moving average is $276.96 and its two-hundred day simple moving average is $241.87. Fidelity MSCI Information Technology Index ETF has a 1-year low of $197.63 and a 1-year high of $300.79.

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.