PKS Advisory Services LLC Purchases New Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

PKS Advisory Services LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,132 shares of the company’s stock, valued at approximately $579,000.

Several other large investors also recently added to or reduced their stakes in FTEC. CHURCHILL MANAGEMENT Corp increased its position in shares of Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock worth $238,738,000 after purchasing an additional 7,974 shares during the last quarter. AGF Management Ltd. boosted its stake in Fidelity MSCI Information Technology Index ETF by 2.9% during the fourth quarter. AGF Management Ltd. now owns 591,343 shares of the company’s stock worth $109,327,000 after buying an additional 16,514 shares during the period. LPL Financial LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 47.6% during the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock valued at $71,846,000 after acquiring an additional 125,340 shares during the last quarter. SteelPeak Wealth LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $53,085,000. Finally, Kestra Investment Management LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 13.9% during the 4th quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock worth $35,538,000 after purchasing an additional 23,449 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 0.4 %

Shares of NYSEARCA FTEC opened at $171.66 on Wednesday. The business’s 50 day moving average is $179.89 and its two-hundred day moving average is $180.54. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week high of $193.06. The firm has a market cap of $12.12 billion, a price-to-earnings ratio of 33.25 and a beta of 1.17.

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.