Atria Investments Inc Purchases 1,723 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Atria Investments Inc grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 8.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,094 shares of the company’s stock after purchasing an additional 1,723 shares during the quarter. Atria Investments Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,287,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Global Financial Private Client LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 12.2% in the 1st quarter. Global Financial Private Client LLC now owns 10,163 shares of the company’s stock worth $1,585,000 after acquiring an additional 1,102 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 8.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock worth $303,000 after acquiring an additional 150 shares in the last quarter. Sweeney & Michel LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth about $994,000. Kestra Advisory Services LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 9.9% in the 1st quarter. Kestra Advisory Services LLC now owns 112,498 shares of the company’s stock worth $17,532,000 after acquiring an additional 10,117 shares in the last quarter. Finally, Linscomb Wealth Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth about $324,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded down $4.28 during trading on Friday, hitting $158.74. The company’s stock had a trading volume of 646,266 shares, compared to its average volume of 281,172. The company has a fifty day simple moving average of $169.90 and a two-hundred day simple moving average of $158.61. The company has a market capitalization of $9.89 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52 week low of $118.39 and a 52 week high of $181.11.

About Fidelity MSCI Information Technology Index ETF

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.