Mokosak Advisory Group LLC Grows Position in Fidelity MSCI Information Technology Index ETF $FTEC

Mokosak Advisory Group LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 20,307 shares of the company’s stock after buying an additional 191 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for about 1.1% of Mokosak Advisory Group LLC’s investment portfolio, making the stock its 13th biggest holding. Mokosak Advisory Group LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,004,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of FTEC. TBH Global Asset Management LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 1,753.6% in the 1st quarter. TBH Global Asset Management LLC now owns 160,615 shares of the company’s stock worth $25,902,000 after purchasing an additional 151,950 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $16,917,000. Independence Financial Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $9,858,000. CacheTech Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $6,532,000. Finally, Morningstar Investment Management LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 59.3% in the 1st quarter. Morningstar Investment Management LLC now owns 95,925 shares of the company’s stock worth $15,470,000 after purchasing an additional 35,702 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.6%

Fidelity MSCI Information Technology Index ETF stock opened at $221.16 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $223.99. The stock’s 50 day simple moving average is $209.72 and its two-hundred day simple moving average is $187.91. The firm has a market cap of $15.86 billion, a PE ratio of 35.45 and a beta of 1.16.

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.