Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Financial Freedom LLC

Financial Freedom LLC increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,562 shares of the company’s stock after buying an additional 204 shares during the period. Financial Freedom LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $844,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Aptus Capital Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the last quarter. Capital Advisors Inc. OK increased its position in Fidelity MSCI Information Technology Index ETF by 4.0% during the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock worth $337,000 after purchasing an additional 74 shares during the last quarter. Accelerate Investment Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF by 7.6% during the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after purchasing an additional 94 shares during the last quarter. Pathway Financial Advisers LLC increased its position in Fidelity MSCI Information Technology Index ETF by 11.5% during the second quarter. Pathway Financial Advisers LLC now owns 1,028 shares of the company’s stock worth $176,000 after purchasing an additional 106 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its position in Fidelity MSCI Information Technology Index ETF by 2.6% during the third quarter. Silver Oak Securities Incorporated now owns 4,149 shares of the company’s stock worth $721,000 after purchasing an additional 107 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $186.76 on Monday. The company has a 50 day moving average price of $186.58 and a 200 day moving average price of $176.91. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $192.96. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.