Smithfield Trust Co Has $281,000 Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Smithfield Trust Co grew its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 23.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,610 shares of the company’s stock after acquiring an additional 310 shares during the quarter. Smithfield Trust Co’s holdings in Fidelity MSCI Information Technology Index ETF were worth $281,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sanctuary Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $878,000. CWM LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 165.8% in the third quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after purchasing an additional 1,421 shares in the last quarter. Brookstone Capital Management raised its stake in Fidelity MSCI Information Technology Index ETF by 0.5% in the second quarter. Brookstone Capital Management now owns 29,495 shares of the company’s stock valued at $5,111,000 after purchasing an additional 134 shares in the last quarter. Fifth Third Securities Inc. lifted its position in Fidelity MSCI Information Technology Index ETF by 3.7% during the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock worth $370,000 after purchasing an additional 76 shares during the period. Finally, Secure Asset Management LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 6.4% during the third quarter. Secure Asset Management LLC now owns 16,584 shares of the company’s stock worth $2,894,000 after buying an additional 1,004 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.1 %

FTEC stock opened at $184.25 on Friday. The company’s 50-day moving average price is $176.82 and its two-hundred day moving average price is $170.07. The firm has a market cap of $11.48 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 12 month low of $135.17 and a 12 month high of $186.33.

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.