Centaurus Financial Inc. Raises Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Centaurus Financial Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,469 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Centaurus Financial Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $211,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Citigroup Inc. lifted its position in Fidelity MSCI Information Technology Index ETF by 226.0% in the 3rd quarter. Citigroup Inc. now owns 665 shares of the company’s stock worth $82,000 after buying an additional 461 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 56.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,355 shares of the company’s stock worth $482,000 after buying an additional 1,207 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $96,000. Raymond James & Associates lifted its position in Fidelity MSCI Information Technology Index ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock valued at $2,868,000 after purchasing an additional 165 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 10.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 3,804 shares of the company’s stock valued at $546,000 after purchasing an additional 363 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $175.12 on Wednesday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $175.58. The stock has a 50 day moving average price of $156.88 and a two-hundred day moving average price of $151.66. The company has a market capitalization of $10.91 billion, a P/E ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company 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.