Sequoia Financial Advisors LLC Acquires 1,000 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Sequoia Financial Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 29.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,364 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $807,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. CHURCHILL MANAGEMENT Corp grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.6% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock worth $238,738,000 after purchasing an additional 7,974 shares during the last quarter. AGF Management Ltd. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.9% in the 4th quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock worth $109,327,000 after purchasing an additional 16,514 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $53,085,000. Kestra Investment Management LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 13.9% during the 4th quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock worth $35,538,000 after buying an additional 23,449 shares in the last quarter. Finally, FMR LLC lifted 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 buying an additional 5,739 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 3.2 %

Shares of NYSEARCA FTEC opened at $167.55 on Monday. The firm’s 50-day simple moving average is $182.18 and its 200 day simple moving average is $180.36. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 33.25 and a beta of 1.17. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06.

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.