Claro Advisors LLC Raises Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Claro Advisors LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 15.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,096 shares of the company’s stock after buying an additional 3,163 shares during the period. Claro Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,030,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FTEC. Aptus Capital Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the period. EverSource Wealth Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the second quarter valued at approximately $32,000. Lynx Investment Advisory bought a new position in Fidelity MSCI Information Technology Index ETF in the second quarter worth approximately $37,000. Strategic Financial Concepts LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth $43,000. Finally, McClarren Financial Advisors Inc. boosted its position in Fidelity MSCI Information Technology Index ETF by 851.9% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock valued at $88,000 after acquiring an additional 460 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $179.39 on Friday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $134.55 and a 1-year high of $186.33. The business has a fifty day moving average price of $175.74 and a 200 day moving average price of $169.37. The stock has a market capitalization of $11.18 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.