Farther Finance Advisors LLC Boosts Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Farther Finance Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 55.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,614 shares of the company’s stock after buying an additional 931 shares during the period. Farther Finance Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $483,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Aptus Capital Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the period. Truist Financial Corp boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after purchasing an additional 68 shares during the period. Accelerate Investment Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 7.6% during the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after purchasing an additional 94 shares during the period. Valley Brook Capital Group Inc. boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 4.6% during the fourth quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock worth $402,000 after purchasing an additional 95 shares during the period. Finally, Financial Perspectives Inc boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.4% during the fourth quarter. Financial Perspectives Inc now owns 27,749 shares of the company’s stock worth $5,130,000 after purchasing an additional 97 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Up 3.2 %

Fidelity MSCI Information Technology Index ETF stock opened at $167.55 on Monday. The firm has a 50-day moving average of $182.18 and a 200-day moving average of $180.36. The firm has a market cap of $11.83 billion, a P/E ratio of 33.25 and a beta of 1.17. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $193.06.

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.