Integrated Advisors Network LLC Raises Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Integrated Advisors Network LLC boosted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 157.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,522 shares of the company’s stock after buying an additional 11,325 shares during the quarter. Integrated Advisors Network LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FTEC. Whittier Trust Co. of Nevada Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $26,000. Wood Tarver Financial Group LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $29,000. Bellwether Advisors LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $40,000. Promus Capital LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $41,000. Finally, McIlrath & Eck LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 131.0% in the 4th quarter. McIlrath & Eck LLC now owns 231 shares of the company’s stock worth $43,000 after purchasing an additional 131 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 0.4%

Shares of NYSEARCA FTEC opened at $187.13 on Thursday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $193.06. The firm has a market cap of $13.36 billion, a P/E ratio of 33.64 and a beta of 1.24. The company has a 50 day moving average of $168.91 and a 200 day moving average of $176.96.

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.