Cambridge Investment Research Advisors Inc. Acquires 21,564 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cambridge Investment Research Advisors Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 188,676 shares of the company’s stock after acquiring an additional 21,564 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.30% of Fidelity MSCI Information Technology Index ETF worth $34,882,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% during the fourth quarter. Cetera Investment Advisers now owns 92,457 shares of the company’s stock valued at $17,093,000 after purchasing an additional 3,261 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Fidelity MSCI Information Technology Index ETF by 24.2% during the 4th quarter. Captrust Financial Advisors now owns 8,252 shares of the company’s stock worth $1,526,000 after purchasing an additional 1,610 shares in the last quarter. Cary Street Partners Financial LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $1,096,000. Ameriprise Financial Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 242.7% in the fourth quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock worth $40,067,000 after buying an additional 153,479 shares in the last quarter. Finally, Aptus Capital Advisors LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 844.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,596 shares of the company’s stock valued at $295,000 after acquiring an additional 1,427 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $166.31 on Wednesday. The company’s 50 day simple moving average is $161.18 and its two-hundred day simple moving average is $176.91. The stock has a market capitalization of $11.80 billion, a PE ratio of 32.29 and a beta of 1.23. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $193.06.

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.