TIAA Trust National Association Acquires Shares of 1,112 Fidelity MSCI Information Technology Index ETF $FTEC

TIAA Trust National Association bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,112 shares of the company’s stock, valued at approximately $219,000.

A number of other large investors have also recently made changes to their positions in FTEC. Ciovacco Capital Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth about $2,699,000. Lifeworks Advisors LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 39.6% during the second quarter. Lifeworks Advisors LLC now owns 67,624 shares of the company’s stock worth $13,337,000 after acquiring an additional 19,178 shares during the period. Integrity Alliance LLC. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 22.3% during the second quarter. Integrity Alliance LLC. now owns 2,147 shares of the company’s stock worth $423,000 after acquiring an additional 392 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 7.1% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,744 shares of the company’s stock valued at $8,036,000 after acquiring an additional 2,689 shares in the last quarter. Finally, ArborFi Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.3% during the second quarter. ArborFi Advisors LLC now owns 9,267 shares of the company’s stock valued at $1,828,000 after acquiring an additional 208 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.3%

Shares of NYSEARCA:FTEC opened at $231.73 on Thursday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $240.25. The stock has a market cap of $17.03 billion, a P/E ratio of 35.45 and a beta of 1.24. The business’s 50 day moving average is $221.72 and its 200 day moving average is $201.15.

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.