TABR Capital Management LLC Buys Shares of 7,611 Fidelity MSCI Information Technology Index ETF $FTEC

TABR Capital Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,611 shares of the company’s stock, valued at approximately $1,710,000.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its stake 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 worth $159,661,000 after buying an additional 58,076 shares in the last quarter. AGF Management Ltd. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.8% in the 3rd quarter. AGF Management Ltd. now owns 689,924 shares of the company’s stock valued at $153,280,000 after purchasing an additional 72,848 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 678,339 shares of the company’s stock valued at $150,707,000 after purchasing an additional 18,799 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of 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 worth $106,504,000 after buying an additional 471,653 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 worth $67,914,000 after buying an additional 12,759 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Down 0.1%

NYSEARCA FTEC opened at $240.98 on Wednesday. The firm has a market cap of $17.45 billion, a PE ratio of 35.45 and a beta of 1.26. Fidelity MSCI Information Technology Index ETF has a 1-year low of $147.52 and a 1-year high of $243.64. The stock has a 50-day moving average of $218.55 and a 200-day moving average of $223.38.

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.