Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 300.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,060 shares of the company’s stock after purchasing an additional 2,296 shares during the period. Venturi Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. CHURCHILL MANAGEMENT Corp increased its position in Fidelity MSCI Information Technology Index ETF by 0.6% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock worth $238,738,000 after buying an additional 7,974 shares during the period. International Assets Investment Management LLC increased its position in Fidelity MSCI Information Technology Index ETF by 46,646.4% during the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after buying an additional 809,315 shares during the period. SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $53,085,000. Kestra Investment Management LLC increased its position in Fidelity MSCI Information Technology Index ETF by 24.4% during the third quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock worth $29,450,000 after buying an additional 33,071 shares during the period. Finally, FMR LLC increased its position in Fidelity MSCI Information Technology Index ETF by 3.7% during the third 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.

Fidelity MSCI Information Technology Index ETF Stock Down 0.1 %

FTEC opened at $191.41 on Thursday. The firm has a market cap of $11.92 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 $142.12 and a 52 week high of $193.06. The business’s 50 day moving average is $187.21 and its two-hundred day moving average is $179.28.

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.