Whittier Trust Co. of Nevada Inc. Takes Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 141 shares of the company’s stock, valued at approximately $26,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in shares of Fidelity MSCI Information Technology Index ETF by 40.7% during the 4th quarter. Jones Financial Companies Lllp now owns 4,969 shares of the company’s stock worth $919,000 after buying an additional 1,437 shares during the period. Apollon Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $219,000. JPMorgan Chase & Co. raised its position in shares of Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after acquiring an additional 6,629 shares during the last quarter. Silver Oak Securities Incorporated lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after purchasing an additional 216 shares during the period. Finally, FMR LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 2.0 %

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $171.00 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06. The business has a fifty day simple moving average of $180.08 and a 200 day simple moving average of $180.44. The stock has a market cap of $12.07 billion, a PE ratio of 33.25 and a beta of 1.17.

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.