Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated grew its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,365 shares of the company’s stock after acquiring an additional 216 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Fidelity MSCI Information Technology Index ETF were worth $815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $878,000. CWM LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 165.8% during the third quarter. CWM LLC now owns 2,278 shares of the company’s stock worth $398,000 after purchasing an additional 1,421 shares during the period. JPMorgan Chase & Co. boosted its position 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. FMR LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after buying an additional 5,739 shares during the period. Finally, Signal Advisors Wealth LLC raised its position in Fidelity MSCI Information Technology Index ETF by 10.6% during the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock worth $296,000 after buying an additional 153 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.9 %

Shares of NYSEARCA FTEC opened at $184.75 on Friday. The stock has a market cap of $11.51 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 $142.12 and a 12 month high of $193.06. The company has a 50 day simple moving average of $187.30 and a two-hundred day simple moving average of $177.81.

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.