Fidelity MSCI Information Technology Index ETF $FTEC Stake Boosted by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 183,454 shares of the company’s stock after purchasing an additional 10,516 shares during the period. Kestra Advisory Services LLC owned about 0.25% of Fidelity MSCI Information Technology Index ETF worth $38,168,000 as of its most recent SEC filing.

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

Fidelity MSCI Information Technology Index ETF Trading Up 0.3%

FTEC traded up $0.83 during trading on Friday, reaching $282.07. 231,368 shares of the company were exchanged, compared to its average volume of 415,142. The stock has a market cap of $20.70 billion, a P/E ratio of 35.45 and a beta of 1.34. The firm has a 50 day moving average of $276.96 and a 200 day moving average of $241.87. Fidelity MSCI Information Technology Index ETF has a 52 week low of $197.63 and a 52 week high of $300.79.

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.