Cetera Advisors LLC Acquires 8,091 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cetera Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 25,869 shares of the company’s stock after buying an additional 8,091 shares during the quarter. Cetera Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,031,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in Fidelity MSCI Information Technology Index ETF by 130.8% in the 1st quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock valued at $14,884,000 after acquiring an additional 54,133 shares in the last quarter. Atria Investments Inc boosted its holdings in Fidelity MSCI Information Technology Index ETF by 8.9% during the first quarter. Atria Investments Inc now owns 21,094 shares of the company’s stock worth $3,287,000 after purchasing an additional 1,723 shares during the last quarter. Global Financial Private Client LLC grew its position in Fidelity MSCI Information Technology Index ETF by 12.2% in the first quarter. Global Financial Private Client LLC now owns 10,163 shares of the company’s stock valued at $1,585,000 after purchasing an additional 1,102 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 8.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock valued at $303,000 after purchasing an additional 150 shares in the last quarter. Finally, Sweeney & Michel LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at $994,000.

Fidelity MSCI Information Technology Index ETF Trading Down 2.6 %

Shares of Fidelity MSCI Information Technology Index ETF stock traded down $4.28 during trading hours on Friday, reaching $158.74. 646,266 shares of the company’s stock were exchanged, compared to its average volume of 281,172. The stock has a market cap of $9.89 billion, a P/E ratio of 37.14 and a beta of 1.41. The company has a 50 day moving average of $169.90 and a two-hundred day moving average of $158.72. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $181.11.

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.