Assetmark Inc. Increases Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Assetmark Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,244 shares of the company’s stock after buying an additional 2,108 shares during the period. Assetmark Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $8,373,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 8.8% during the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after purchasing an additional 1,458 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $2,532,000. Jane Street Group LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $3,833,000. Marshall Wace LLP purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $5,649,000. Finally, Flow Traders U.S. LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $242,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $270.28 on Tuesday. The stock has a fifty day moving average of $278.63 and a two-hundred day moving average of $243.94. The company has a market capitalization of $19.84 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $300.79.

Fidelity MSCI Information Technology Index ETF Company 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.