Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC boosted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 97.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,657 shares of the company’s stock after buying an additional 6,242 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,844,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 8.8% in the third quarter. Commonwealth Equity Services LLC now owns 718,643 shares of the company’s stock valued at $159,661,000 after buying an additional 58,076 shares during the last quarter. AGF Management Ltd. increased its holdings in Fidelity MSCI Information Technology Index ETF by 11.8% in the third quarter. AGF Management Ltd. now owns 689,924 shares of the company’s stock valued at $153,280,000 after buying an additional 72,848 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 2.9% in the third quarter. Envestnet Asset Management Inc. now owns 678,339 shares of the company’s stock valued at $150,707,000 after buying an additional 18,799 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Fidelity MSCI Information Technology Index ETF by 6,087.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 479,401 shares of the company’s stock valued at $106,504,000 after buying an additional 471,653 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity MSCI Information Technology Index ETF by 4.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 305,684 shares of the company’s stock valued at $67,914,000 after buying an additional 12,759 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.6%

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $250.20 on Friday. The firm has a market cap of $18.19 billion, a P/E ratio of 35.45 and a beta of 1.31. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $164.76 and a fifty-two week high of $250.82. The business has a 50-day moving average price of $222.33 and a 200 day moving average price of $224.40.

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.