Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Brookstone Capital Management

Brookstone Capital Management lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,346 shares of the company’s stock after acquiring an additional 851 shares during the period. Brookstone Capital Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,295,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTEC. Bell Investment Advisors Inc purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $208,000. Able Wealth Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $215,000. Chicago Partners Investment Group LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 5.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 20,367 shares of the company’s stock worth $3,070,000 after buying an additional 1,123 shares during the last quarter. Integrated Advisors Network LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 38.0% in the fourth quarter. Integrated Advisors Network LLC now owns 13,868 shares of the company’s stock valued at $1,992,000 after purchasing an additional 3,819 shares during the period. Finally, Centaurus Financial Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.4% in the 4th quarter. Centaurus Financial Inc. now owns 1,469 shares of the company’s stock valued at $211,000 after buying an additional 150 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2 %

FTEC stock opened at $178.09 on Friday. The business has a fifty day moving average of $168.05 and a two-hundred day moving average of $164.10. The stock has a market cap of $11.10 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $118.39 and a 52-week high of $181.11.

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.