16,636 Fidelity MSCI Information Technology Index ETF $FTEC Shares Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 339,699 shares of the company’s stock after acquiring an additional 16,636 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for about 1.9% of Kestra Investment Management LLC’s holdings, making the stock its 14th biggest holding. Kestra Investment Management LLC owned approximately 0.46% of Fidelity MSCI Information Technology Index ETF worth $101,930,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barrett & Company Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $29,000. McCarley & Cook Financial Planners purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $31,000. Highland Investment Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth $40,000. Valley National Advisers Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $53,000. Finally, Continuum Advisory LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $66,000.

Fidelity MSCI Information Technology Index ETF Stock Up 3.3%

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $267.23 on Tuesday. The firm has a market cap of $19.94 billion, a PE ratio of 35.45 and a beta of 1.36. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83. The company’s fifty day simple moving average is $290.37 and its two-hundred day simple moving average is $262.12.

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.