Brighton Jones LLC Has $2.85 Million Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Brighton Jones LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,615 shares of the company’s stock after acquiring an additional 288 shares during the quarter. Brighton Jones LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,850,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FTEC. Wells Fargo & Company MN boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 24.2% in the 4th quarter. Wells Fargo & Company MN now owns 93,910 shares of the company’s stock worth $13,489,000 after acquiring an additional 18,272 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 15.1% during the 4th quarter. Corient Private Wealth LLC now owns 4,821 shares of the company’s stock worth $693,000 after buying an additional 632 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $43,000. Cambridge Investment Research Advisors Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 18.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 196,291 shares of the company’s stock worth $28,195,000 after buying an additional 30,245 shares in the last quarter. Finally, Advisory Services Network LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 5.5% during the 4th quarter. Advisory Services Network LLC now owns 116,848 shares of the company’s stock worth $16,784,000 after buying an additional 6,098 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $172.40 on Friday. The stock’s fifty day moving average price is $167.18 and its two-hundred day moving average price is $162.21. The company has a market cap of $10.74 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $118.39 and a 52-week high of $181.11.

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.