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

Claro Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.7% during the fourth quarter, HoldingsChannel reports. The firm owned 24,412 shares of the company’s stock after purchasing an additional 1,316 shares during the quarter. Claro Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. LPL Financial LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 1.5% in the 2nd quarter. LPL Financial LLC now owns 278,685 shares of the company’s stock valued at $47,800,000 after purchasing an additional 4,017 shares in the last quarter. Madison Wealth Partners Inc acquired a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth $250,000. WCG Wealth Advisors LLC raised its position in Fidelity MSCI Information Technology Index ETF by 11.8% in the second quarter. WCG Wealth Advisors LLC now owns 20,554 shares of the company’s stock worth $3,525,000 after acquiring an additional 2,163 shares in the last quarter. Brighton Jones LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 1.8% in the second quarter. Brighton Jones LLC now owns 16,615 shares of the company’s stock valued at $2,850,000 after acquiring an additional 288 shares during the period. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 6.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 13,308 shares of the company’s stock valued at $2,283,000 after acquiring an additional 778 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Down 1.2 %

Shares of FTEC traded down $2.12 during trading hours on Monday, reaching $180.40. The company had a trading volume of 272,778 shares, compared to its average volume of 327,496. Fidelity MSCI Information Technology Index ETF has a 12-month low of $140.72 and a 12-month high of $192.96. The firm has a 50 day simple moving average of $186.31 and a 200-day simple moving average of $176.54. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.