Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Claro Advisors LLC

Claro Advisors LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,412 shares of the company’s stock after purchasing an additional 1,316 shares during the period. Claro Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,513,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Accelerate Investment Advisors LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 7.6% in the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after acquiring an additional 94 shares in the last quarter. Wedmont Private Capital purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $470,000. Atlas Brown Inc. increased its position in Fidelity MSCI Information Technology Index ETF by 1.6% during the fourth quarter. Atlas Brown Inc. now owns 10,670 shares of the company’s stock worth $1,973,000 after buying an additional 170 shares during the period. Marotta Asset Management increased its position in Fidelity MSCI Information Technology Index ETF by 20.2% during the fourth quarter. Marotta Asset Management now owns 20,949 shares of the company’s stock worth $3,875,000 after buying an additional 3,520 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Fidelity MSCI Information Technology Index ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after buying an additional 6,629 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock traded down $2.12 during trading hours on Monday, hitting $180.40. The stock had a trading volume of 272,778 shares, compared to its average volume of 327,496. The stock’s 50 day moving average is $186.31 and its 200 day moving average is $176.54. The firm has a market capitalization of $11.24 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $140.72 and a twelve month high of $192.96.

About Fidelity MSCI Information Technology Index ETF

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.