Fidelity MSCI Information Technology Index ETF $FTEC Stock Holdings Increased by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 339,699 shares of the company’s stock after buying an additional 16,636 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 1.9% of Kestra Investment Management LLC’s holdings, making the stock its 14th biggest holding. Kestra Investment Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $101,930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FTEC. Barrett & Company Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $29,000. McCarley & Cook Financial Planners bought a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth about $31,000. Highland Investment Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $40,000. Valley National Advisers Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter worth about $53,000. Finally, Continuum Advisory LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth about $66,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA FTEC opened at $267.23 on Tuesday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $311.83. The company has a 50 day simple moving average of $290.37 and a two-hundred day simple moving average of $262.12. The company has a market capitalization of $19.94 billion, a price-to-earnings ratio of 35.45 and a beta of 1.36.

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.