Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by Verus Capital Partners LLC

Verus Capital Partners LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 73.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,355 shares of the company’s stock after purchasing an additional 1,416 shares during the period. Verus Capital Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $620,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FTEC. Raymond James & Associates lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 40.5% during the 3rd quarter. Raymond James & Associates now owns 31,741 shares of the company’s stock valued at $5,539,000 after acquiring an additional 9,150 shares during the last quarter. US Bancorp DE raised its position in shares of Fidelity MSCI Information Technology Index ETF by 670.2% during the third quarter. US Bancorp DE now owns 1,317 shares of the company’s stock worth $230,000 after purchasing an additional 1,146 shares during the period. Lebenthal Global Advisors LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 49.4% during the third quarter. Lebenthal Global Advisors LLC now owns 2,300 shares of the company’s stock valued at $401,000 after purchasing an additional 760 shares during the last quarter. Interchange Capital Partners LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $1,211,000. Finally, Capital Advisors Inc. OK boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 4.0% in the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after purchasing an additional 74 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Up 1.6 %

NYSEARCA FTEC opened at $177.93 on Friday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The company has a market cap of $12.95 billion, a PE ratio of 36.37 and a beta of 1.15. The stock’s 50-day moving average price is $186.44 and its two-hundred day moving average price is $180.24.

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.