Harbor Investment Advisory LLC Takes $69,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Harbor Investment Advisory LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 371 shares of the company’s stock, valued at approximately $69,000.

Several other hedge funds have also recently made changes to their positions in the business. CHURCHILL MANAGEMENT Corp raised its position in shares of Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after buying an additional 7,974 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after buying an additional 809,315 shares in the last quarter. Kestra Investment Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 24.4% during the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after buying an additional 33,071 shares in the last quarter. FMR LLC raised its position 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 valued at $27,814,000 after buying an additional 5,739 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Fidelity MSCI Information Technology Index ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after purchasing an additional 6,629 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $192.02 on Thursday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $192.96. The firm has a market capitalization of $11.96 billion, a P/E ratio of 37.14 and a beta of 1.41. The company’s 50-day moving average is $186.67 and its 200 day moving average is $177.06.

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.