Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Stock Position Increased by Cetera Advisors LLC

Cetera Advisors LLC grew its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 45.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,869 shares of the company’s stock after purchasing an additional 8,091 shares during the period. Cetera Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,031,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FTEC. Cetera Investment Advisers boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 130.8% during the first quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock worth $14,884,000 after buying an additional 54,133 shares during the period. Atria Investments Inc boosted its position in Fidelity MSCI Information Technology Index ETF by 8.9% during the 1st quarter. Atria Investments Inc now owns 21,094 shares of the company’s stock worth $3,287,000 after acquiring an additional 1,723 shares during the period. Global Financial Private Client LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 12.2% in the first quarter. Global Financial Private Client LLC now owns 10,163 shares of the company’s stock worth $1,585,000 after purchasing an additional 1,102 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 8.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock valued at $303,000 after purchasing an additional 150 shares during the period. Finally, Sweeney & Michel LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter valued at about $994,000.

Fidelity MSCI Information Technology Index ETF Trading Down 2.6 %

FTEC traded down $4.28 on Friday, reaching $158.74. The company had a trading volume of 646,266 shares, compared to its average volume of 281,172. The company has a market capitalization of $9.89 billion, a P/E ratio of 37.14 and a beta of 1.41. The company has a fifty day moving average of $169.90 and a 200-day moving average of $158.72. Fidelity MSCI Information Technology Index ETF has a one year low of $118.39 and a one year 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.