Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 101.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 635 shares of the company’s stock after acquiring an additional 320 shares during the period. SRS Capital Advisors Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $117,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $53,085,000. Eaton Financial Holdings Company LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $12,347,000. Goldstone Financial Group LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $7,664,000. Kestra Investment Management LLC increased its position in Fidelity MSCI Information Technology Index ETF by 24.4% in the third quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock worth $29,450,000 after buying an additional 33,071 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 578.0% in the third quarter. Sanctuary Advisors LLC now owns 34,708 shares of the company’s stock valued at $6,418,000 after buying an additional 29,589 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $174.49 on Thursday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The firm has a fifty day moving average of $185.15 and a 200-day moving average of $180.57. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 36.37 and a beta of 1.15.

Fidelity MSCI Information Technology Index ETF Company 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.