Sanctuary Advisors LLC Increases Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Sanctuary Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 578.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,708 shares of the company’s stock after buying an additional 29,589 shares during the quarter. Sanctuary Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,418,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its position in Fidelity MSCI Information Technology Index ETF by 39.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 24,295 shares of the company’s stock worth $4,167,000 after purchasing an additional 6,913 shares during the last quarter. Raymond James & Associates lifted its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the second quarter. Raymond James & Associates now owns 22,591 shares of the company’s stock valued at $3,875,000 after acquiring an additional 803 shares during the period. SeaCrest Wealth Management LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.3% in the second quarter. SeaCrest Wealth Management LLC now owns 4,424 shares of the company’s stock valued at $759,000 after purchasing an additional 181 shares during the period. Focus Financial Network Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 55.1% in the second quarter. Focus Financial Network Inc. now owns 12,145 shares of the company’s stock valued at $2,104,000 after purchasing an additional 4,317 shares during the period. Finally, TFC Financial Management Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth about $374,000.

Fidelity MSCI Information Technology Index ETF Trading Up 0.5 %

FTEC stock opened at $190.53 on Friday. The firm has a 50 day moving average of $182.35 and a 200-day moving average of $173.61. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 12-month low of $136.65 and a 12-month high of $192.36.

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.