Park Avenue Securities LLC Purchases 6,886 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Park Avenue Securities LLC increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 79.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,607 shares of the company’s stock after purchasing an additional 6,886 shares during the quarter. Park Avenue Securities LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $2,723,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cetera Advisor Networks LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 39.9% in the 4th quarter. Cetera Advisor Networks LLC now owns 27,832 shares of the company’s stock worth $3,998,000 after buying an additional 7,942 shares in the last quarter. Exencial Wealth Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $251,000. Envestnet Asset Management Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 16.6% during the 4th 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 during the last quarter. Personal CFO Solutions LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 866.8% in the 4th quarter. Personal CFO Solutions LLC now owns 36,438 shares of the company’s stock worth $5,234,000 after purchasing an additional 32,669 shares during the period. Finally, MGO One Seven LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $3,367,000.

Fidelity MSCI Information Technology Index ETF Trading Up 1.2 %

Shares of NYSEARCA FTEC 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 market capitalization of $10.84 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm has a 50 day moving average of $167.19 and a 200 day moving average of $163.61.

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.