Jones Financial Companies Lllp Raises Stock Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Jones Financial Companies Lllp raised its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 40.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,969 shares of the company’s stock after buying an additional 1,437 shares during the quarter. Jones Financial Companies Lllp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp lifted its stake 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 during the last quarter. SteelPeak Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $53,085,000. Kestra Investment Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 13.9% in the fourth quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock valued at $35,538,000 after purchasing an additional 23,449 shares during the last quarter. FMR LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 3.7% in the third quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after purchasing an additional 5,739 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Fidelity MSCI Information Technology Index ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after purchasing an additional 6,629 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.2 %

Shares of NYSEARCA:FTEC opened at $171.05 on Friday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week high of $193.06. The stock’s fifty day simple moving average is $184.33 and its 200-day simple moving average is $180.54. The company has a market capitalization of $12.45 billion, a P/E ratio of 36.37 and a beta of 1.15.

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.