Centurion Wealth Management LLC Buys 150 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Centurion Wealth Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,402 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Centurion Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $444,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 1.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,657 shares of the company’s stock worth $2,710,000 after acquiring an additional 268 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 12.5% in the fourth quarter. Kestra Advisory Services LLC now owns 164,734 shares of the company’s stock worth $30,456,000 after purchasing an additional 18,313 shares during the last quarter. Avantax Advisory Services Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 7.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,299 shares of the company’s stock worth $2,089,000 after purchasing an additional 760 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 55.3% in the fourth quarter. Farther Finance Advisors LLC now owns 2,614 shares of the company’s stock worth $483,000 after buying an additional 931 shares in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $167,000.

Fidelity MSCI Information Technology Index ETF Stock Up 3.2 %

Shares of FTEC stock opened at $167.55 on Friday. The stock has a fifty day moving average of $182.18 and a 200 day moving average of $180.29. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 33.25 and a beta of 1.17.

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.