Stratos Wealth Partners LTD. Buys 699 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Stratos Wealth Partners LTD. increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,056 shares of the company’s stock after acquiring an additional 699 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,414,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Aptus Capital Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $37,000. Sound Income Strategies LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 146.7% in the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after purchasing an additional 157 shares in the last quarter. Harbor Investment Advisory LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $69,000. Finally, Voisard Asset Management Group Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter worth $89,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.9 %

Shares of NYSEARCA FTEC opened at $184.75 on Friday. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06. The firm’s 50-day moving average price is $187.30 and its 200-day moving average price is $177.81.

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.