Liberty Wealth Management LLC Raises Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Liberty Wealth Management LLC lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,412 shares of the company’s stock after purchasing an additional 93 shares during the period. Liberty Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $928,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp acquired a new position in Fidelity MSCI Information Technology Index ETF in the first quarter valued at $196,694,000. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 16.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 419,820 shares of the company’s stock valued at $60,303,000 after acquiring an additional 59,879 shares during the period. Cetera Investment Advisers raised its position in Fidelity MSCI Information Technology Index ETF by 130.8% in the 1st quarter. Cetera Investment Advisers now owns 95,511 shares of the company’s stock valued at $14,884,000 after purchasing an additional 54,133 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 866.8% during the 4th quarter. Personal CFO Solutions LLC now owns 36,438 shares of the company’s stock worth $5,234,000 after purchasing an additional 32,669 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 18.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 196,291 shares of the company’s stock worth $28,195,000 after purchasing an additional 30,245 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.3 %

FTEC opened at $160.54 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $118.39 and a 52 week high of $181.11. The business has a 50 day moving average price of $168.93 and a two-hundred day moving average price of $161.48. The company has a market cap of $10.00 billion, a PE ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF 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.