J.W. Cole Advisors Inc. Has $5.98 Million Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

J.W. Cole Advisors Inc. lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,883 shares of the company’s stock after acquiring an additional 3,580 shares during the quarter. J.W. Cole Advisors Inc. owned approximately 0.06% of Fidelity MSCI Information Technology Index ETF worth $5,983,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New Hampshire acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at about $25,000. Ables Iannone Moore & Associates Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $34,000. Lynx Investment Advisory acquired a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $37,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $43,000. Finally, Strategic Financial Concepts LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $43,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.6 %

Shares of NYSEARCA FTEC opened at $169.30 on Friday. The business’s 50 day moving average price is $167.94 and its two-hundred day moving average price is $161.80. The company has a market cap of $10.55 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $181.11.

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.