Kestra Investment Management LLC Has $62.66 Million Stock Position in Fidelity MSCI Information Technology Index ETF $FTEC

Kestra Investment Management LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 278,876 shares of the company’s stock after purchasing an additional 15,626 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 1.5% of Kestra Investment Management LLC’s holdings, making the stock its 16th biggest position. Kestra Investment Management LLC owned approximately 0.38% of Fidelity MSCI Information Technology Index ETF worth $62,655,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FTEC. SteelPeak Wealth LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock valued at $24,202,000 after buying an additional 104,830 shares during the last quarter. PFG Advisors acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $22,364,000. TABR Capital Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $1,710,000. Perennial Investment Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $580,000. Finally, Capital Investment Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $778,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $276.35 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $175.39 and a 1 year high of $278.03. The firm’s fifty day simple moving average is $237.49 and its 200 day simple moving average is $228.47. The firm has a market capitalization of $20.09 billion, a PE ratio of 35.45 and a beta of 1.31.

Fidelity MSCI Information Technology Index ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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