Arkadios Wealth Advisors Raises Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Arkadios Wealth Advisors boosted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 140.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,266 shares of the company’s stock after purchasing an additional 7,747 shares during the period. Arkadios Wealth Advisors’ holdings in Fidelity MSCI Information Technology Index ETF were worth $2,453,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. CHURCHILL MANAGEMENT Corp increased its holdings in Fidelity MSCI Information Technology Index ETF by 0.6% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after buying an additional 7,974 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after acquiring an additional 809,315 shares during the period. Kestra Investment Management LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 24.4% in the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after purchasing an additional 33,071 shares in the last quarter. FMR LLC raised its holdings in 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 period. Finally, JPMorgan Chase & Co. boosted its position in Fidelity MSCI Information Technology Index ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after purchasing an additional 6,629 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $186.76 on Friday. The stock has a market capitalization of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41. The business has a 50 day simple moving average of $186.58 and a 200-day simple moving average of $176.90. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $192.96.

Fidelity MSCI Information Technology Index ETF 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.