Cetera Investment Advisers Has $20.17 Million Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Cetera Investment Advisers decreased its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 11.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,937 shares of the company’s stock after selling 13,139 shares during the quarter. Cetera Investment Advisers’ holdings in Fidelity MSCI Information Technology Index ETF were worth $20,168,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aureus Asset Management LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at $477,000. Pacific Sun Financial Corp boosted its stake in Fidelity MSCI Information Technology Index ETF by 23.8% during the 1st quarter. Pacific Sun Financial Corp now owns 3,222 shares of the company’s stock valued at $670,000 after purchasing an additional 619 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Fidelity MSCI Information Technology Index ETF by 6.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,019 shares of the company’s stock worth $420,000 after purchasing an additional 128 shares in the last quarter. Florida Financial Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 6.6% during the 1st quarter. Florida Financial Advisors LLC now owns 6,717 shares of the company’s stock worth $1,398,000 after purchasing an additional 414 shares in the last quarter. Finally, Assetmark Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.5% in the first quarter. Assetmark Inc. now owns 40,244 shares of the company’s stock worth $8,373,000 after purchasing an additional 2,108 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 0.8%

FTEC stock opened at $268.44 on Tuesday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve month high of $300.79. The stock’s 50 day moving average is $278.90 and its 200-day moving average is $245.61. The firm has a market capitalization of $19.68 billion, a PE ratio of 35.45 and a beta of 1.34.

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.