Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 34.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,338 shares of the company’s stock after acquiring an additional 604 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% in the third quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after purchasing an additional 809,315 shares during the period. Eaton Financial Holdings Company LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $12,347,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Fidelity MSCI Information Technology Index ETF by 93.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock worth $17,096,000 after buying an additional 47,500 shares during the period. Goldstone Financial Group LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $7,664,000. Finally, Kestra Investment Management LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 24.4% during the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after acquiring an additional 33,071 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $184.52 on Thursday. The company’s fifty day moving average price is $187.30 and its 200-day moving average price is $177.40. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $193.06. The firm has a market capitalization of $11.50 billion, a P/E 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.