Lido Advisors LLC Acquires 75,631 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Lido Advisors LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,175,818 shares of the company’s stock after purchasing an additional 75,631 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises about 1.4% of Lido Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Lido Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $452,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Aureus Asset Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at about $477,000. Pacific Sun Financial Corp raised its position in shares of Fidelity MSCI Information Technology Index ETF by 23.8% during the 1st quarter. Pacific Sun Financial Corp now owns 3,222 shares of the company’s stock worth $670,000 after buying an additional 619 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,019 shares of the company’s stock worth $420,000 after acquiring an additional 128 shares during the period. Florida Financial Advisors LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.6% in the 1st quarter. Florida Financial Advisors LLC now owns 6,717 shares of the company’s stock worth $1,398,000 after acquiring an additional 414 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.5% in the 1st quarter. Assetmark Inc. now owns 40,244 shares of the company’s stock worth $8,373,000 after acquiring an additional 2,108 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $276.23 on Thursday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $300.79. The stock has a market capitalization of $20.28 billion, a PE ratio of 35.45 and a beta of 1.34. The firm has a 50 day simple moving average of $278.92 and a 200-day simple moving average of $244.68.

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.