Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 33,025 shares of the company’s stock after purchasing an additional 959 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 0.8% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 22nd largest position. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,763,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 1.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,382 shares of the company’s stock worth $2,709,000 after acquiring an additional 287 shares in the last quarter. Diversified Trust Co purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at $242,000. CAP Partners LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.1% in the first quarter. CAP Partners LLC now owns 8,147 shares of the company’s stock valued at $1,270,000 after purchasing an additional 398 shares during the period. SeaCrest Wealth Management LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 42.3% in the first quarter. SeaCrest Wealth Management LLC now owns 4,243 shares of the company’s stock valued at $661,000 after purchasing an additional 1,261 shares during the period. Finally, Yoder Wealth Management Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.2% in the first quarter. Yoder Wealth Management Inc. now owns 28,445 shares of the company’s stock valued at $4,433,000 after purchasing an additional 880 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock traded up $0.81 on Monday, hitting $179.90. The stock had a trading volume of 103,077 shares, compared to its average volume of 262,802. Fidelity MSCI Information Technology Index ETF has a 52-week low of $119.58 and a 52-week high of $181.49. The firm has a market capitalization of $11.21 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The stock’s 50 day moving average is $172.08 and its 200-day moving average is $166.02.

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.