Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Holdings Lifted by Lynch & Associates IN

Lynch & Associates IN raised its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,487 shares of the company’s stock after acquiring an additional 1,131 shares during the quarter. Lynch & Associates IN’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,284,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 6.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,260,573 shares of the company’s stock valued at $213,647,000 after purchasing an additional 134,763 shares in the last quarter. Independent Wealth Network Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth $228,000. Hutchens & Kramer Investment Management Group LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter valued at $313,000. Eldridge Investment Advisors Inc. grew its holdings in Fidelity MSCI Information Technology Index ETF by 8.4% during the first quarter. Eldridge Investment Advisors Inc. now owns 2,519 shares of the company’s stock valued at $287,000 after purchasing an additional 195 shares during the last quarter. Finally, Spire Wealth Management raised its position in shares of Fidelity MSCI Information Technology Index ETF by 13.1% in the first quarter. Spire Wealth Management now owns 8,597 shares of the company’s stock valued at $980,000 after purchasing an additional 998 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC traded down $0.58 during trading hours on Tuesday, hitting $126.10. 126,156 shares of the stock were exchanged, compared to its average volume of 214,665. The firm has a market capitalization of $7.03 billion, a P/E ratio of 22.84 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a one year low of $86.19 and a one year high of $136.75. The company’s 50 day moving average is $129.61 and its 200 day moving average is $121.49.

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.