Congress Wealth Management LLC DE Buys 16,946 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Congress Wealth Management LLC DE increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 13.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,771 shares of the company’s stock after buying an additional 16,946 shares during the quarter. Congress Wealth Management LLC DE owned about 0.24% of Fidelity MSCI Information Technology Index ETF worth $27,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of FTEC. Pathstone Holdings LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.6% during the 3rd quarter. Pathstone Holdings LLC now owns 13,862 shares of the company’s stock worth $2,418,000 after purchasing an additional 220 shares during the period. Citigroup Inc. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 53.7% during the third quarter. Citigroup Inc. now owns 26,335 shares of the company’s stock valued at $4,595,000 after buying an additional 9,206 shares during the period. Nwam LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $269,000. Centaurus Financial Inc. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 15.6% in the third quarter. Centaurus Financial Inc. now owns 2,316 shares of the company’s stock worth $404,000 after buying an additional 313 shares during the period. Finally, FMR LLC lifted its stake in shares of 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 acquiring an additional 5,739 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2 %

FTEC opened at $167.70 on Monday. The business has a fifty day moving average of $180.28 and a 200 day moving average of $180.38. The stock has a market cap of $11.84 billion, a P/E ratio of 33.25 and a beta of 1.17. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week 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.