Citigroup Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 226.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 665 shares of the company’s stock after buying an additional 461 shares during the quarter. Citigroup Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $82,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of FTEC. B. Riley Wealth Advisors Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 25.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,945 shares of the company’s stock worth $239,000 after purchasing an additional 400 shares in the last quarter. Comerica Bank purchased a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $471,000. Integrated Advisors Network LLC increased its position in Fidelity MSCI Information Technology Index ETF by 33.2% during the third quarter. Integrated Advisors Network LLC now owns 10,049 shares of the company’s stock worth $1,235,000 after buying an additional 2,507 shares during the period. Belpointe Asset Management LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $370,000. Finally, Morgan Stanley lifted its stake in Fidelity MSCI Information Technology Index ETF by 7.5% in the third quarter. Morgan Stanley now owns 219,693 shares of the company’s stock valued at $27,007,000 after buying an additional 15,245 shares during the last quarter.
Fidelity MSCI Information Technology Index ETF Trading Down 0.2 %
Shares of FTEC opened at $155.84 on Monday. The company’s 50 day simple moving average is $153.06 and its 200-day simple moving average is $140.09. The firm has a market cap of $8.69 billion, a PE ratio of 22.84 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 12-month low of $108.86 and a 12-month high of $159.43.
Fidelity MSCI Information Technology Index ETF Profile
(Free Report)
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.
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