Cetera Investment Advisers Has $9.75 Million Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cetera Investment Advisers reduced its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 40.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,838 shares of the company’s stock after selling 38,673 shares during the period. Cetera Investment Advisers owned approximately 0.09% of Fidelity MSCI Information Technology Index ETF worth $9,749,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter worth about $196,694,000. Commonwealth Equity Services LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 2.4% during the second quarter. Commonwealth Equity Services LLC now owns 843,576 shares of the company’s stock valued at $144,690,000 after purchasing an additional 20,151 shares during the period. Envestnet Asset Management Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 16.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 419,820 shares of the company’s stock valued at $60,303,000 after purchasing an additional 59,879 shares in the last quarter. LPL Financial LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 1.5% in the second quarter. LPL Financial LLC now owns 278,685 shares of the company’s stock worth $47,800,000 after purchasing an additional 4,017 shares during the period. Finally, AGF Management Ltd. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock worth $45,207,000 after purchasing an additional 40,910 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.2 %

Shares of FTEC stock opened at $173.97 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $118.39 and a 12-month high of $181.11. The firm has a fifty day moving average of $167.19 and a 200-day moving average of $163.61. The firm has a market capitalization of $10.84 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

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.