Lynch & Associates IN Has $4.20 Million Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Lynch & Associates IN reduced its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,727 shares of the company’s stock after selling 146 shares during the period. Lynch & Associates IN’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,202,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after acquiring an additional 809,315 shares during the period. Kestra Investment Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth $23,275,000. Eaton Financial Holdings Company LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at $12,347,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Fidelity MSCI Information Technology Index ETF by 93.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,320 shares of the company’s stock valued at $17,096,000 after purchasing an additional 47,500 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 578.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 34,708 shares of the company’s stock worth $6,418,000 after buying an additional 29,589 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock traded down $3.93 during trading hours on Friday, hitting $182.52. The company had a trading volume of 391,670 shares, compared to its average volume of 337,340. The firm has a 50-day moving average of $186.15 and a 200 day moving average of $176.37. The firm has a market cap of $11.37 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one year low of $140.68 and a one year high of $192.96.

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.