Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by JBR Co Financial Management Inc

JBR Co Financial Management Inc increased its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 74.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,998 shares of the company’s stock after purchasing an additional 3,843 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for about 1.0% of JBR Co Financial Management Inc’s investment portfolio, making the stock its 26th largest holding. JBR Co Financial Management Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Apollon Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $219,000. JPMorgan Chase & Co. increased its position in Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after purchasing an additional 6,629 shares in the last quarter. Silver Oak Securities Incorporated increased its position in Fidelity MSCI Information Technology Index ETF by 5.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock worth $815,000 after purchasing an additional 216 shares in the last quarter. FMR LLC increased its position in Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares in the last quarter. Finally, Signal Advisors Wealth LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 10.6% in the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock worth $296,000 after acquiring an additional 153 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 2.7 %

NYSEARCA FTEC opened at $185.65 on Friday. The stock has a market cap of $11.57 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The business has a 50 day moving average price of $187.13 and a two-hundred day moving average price of $179.76.

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.