UBS Group AG Has $25.25 Million Position in Fidelity MSCI Information Technology Index ETF $FTEC

UBS Group AG lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,367 shares of the company’s stock after purchasing an additional 3,020 shares during the quarter. UBS Group AG’s holdings in Fidelity MSCI Information Technology Index ETF were worth $25,245,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTEC. Brighton Jones LLC raised its position in Fidelity MSCI Information Technology Index ETF by 8.8% in the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after buying an additional 1,458 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $2,532,000. Jane Street Group LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $3,833,000. Marshall Wace LLP acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $5,649,000. Finally, Flow Traders U.S. LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $242,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $268.37 on Monday. The business’s 50 day simple moving average is $224.74 and its 200 day simple moving average is $225.16. Fidelity MSCI Information Technology Index ETF has a 52-week low of $168.95 and a 52-week high of $268.45. The firm has a market cap of $19.51 billion, a PE ratio of 35.45 and a beta of 1.31.

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.