Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 49.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,300 shares of the company’s stock after acquiring an additional 760 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $401,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 46,646.4% during the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after purchasing an additional 809,315 shares during the period. Kestra Investment Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $23,275,000. Cetera Investment Advisers raised its stake in shares of 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 acquiring an additional 54,133 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 93.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock valued at $17,096,000 after acquiring an additional 47,500 shares during the period. Finally, AGF Management Ltd. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 18.4% in the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock valued at $45,207,000 after acquiring an additional 40,910 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded up $2.44 on Friday, reaching $175.44. The company had a trading volume of 37,791 shares, compared to its average volume of 262,340. The firm’s 50 day moving average price is $172.60 and its two-hundred day moving average price is $166.61. The firm has a market cap of $10.93 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $124.60 and a 52-week high of $181.99.

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.