Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,624 shares of the company’s stock after acquiring an additional 299 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Fidelity MSCI Information Technology Index ETF were worth $521,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,377,081 shares of the company’s stock worth $415,145,000 after buying an additional 28,673 shares in the last quarter. Lido Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 9.3% during the third quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after buying an additional 141,104 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $33,181,000. LPL Financial LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% during the third quarter. LPL Financial LLC now owns 230,442 shares of the company’s stock worth $28,328,000 after buying an additional 8,219 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 29.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 166,046 shares of the company’s stock worth $20,412,000 after buying an additional 37,658 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $150.29 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $110.80 and a 12-month high of $159.43. The company has a market capitalization of $9.33 billion, a PE ratio of 38.28 and a beta of 1.36. The firm’s 50-day moving average is $152.95 and its two-hundred day moving average is $143.95.

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.