Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $345,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,215 shares of the company’s stock after buying an additional 202 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. McClarren Financial Advisors Inc. boosted its position in Fidelity MSCI Information Technology Index ETF by 488.7% during the first quarter. McClarren Financial Advisors Inc. now owns 312 shares of the company’s stock valued at $490,000 after purchasing an additional 259 shares during the last quarter. Southern Capital Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 24.1% during the first quarter. Southern Capital Advisors LLC now owns 41,444 shares of the company’s stock valued at $6,459,000 after purchasing an additional 8,048 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in Fidelity MSCI Information Technology Index ETF by 8.6% during the first quarter. Rehmann Capital Advisory Group now owns 12,312 shares of the company’s stock valued at $1,919,000 after purchasing an additional 970 shares during the last quarter. Mutual Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 40.1% during the first quarter. Mutual Advisors LLC now owns 15,087 shares of the company’s stock valued at $2,351,000 after purchasing an additional 4,318 shares during the last quarter. Finally, Lincoln National Corp boosted its position in Fidelity MSCI Information Technology Index ETF by 1.5% during the first quarter. Lincoln National Corp now owns 17,583 shares of the company’s stock valued at $2,740,000 after purchasing an additional 259 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC traded up $1.96 during trading hours on Friday, hitting $178.65. 248,308 shares of the company traded hands, compared to its average volume of 239,393. The business’s 50-day moving average is $166.23 and its 200-day moving average is $155.72. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $180.97. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.