Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp raised its stake in 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 institutional investor owned 1,291,314 shares of the company’s stock after acquiring an additional 7,974 shares during the period. Fidelity MSCI Information Technology Index ETF accounts for approximately 2.6% of CHURCHILL MANAGEMENT Corp’s portfolio, making the stock its 14th largest position. CHURCHILL MANAGEMENT Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $238,738,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the third 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 last quarter. Kestra Investment Management LLC grew its position in Fidelity MSCI Information Technology Index ETF by 24.4% during the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock worth $29,450,000 after purchasing an additional 33,071 shares during the last quarter. FMR LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 3.7% in the third quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after purchasing an additional 5,739 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after buying an additional 6,629 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.8% during the third quarter. Stifel Financial Corp now owns 120,574 shares of the company’s stock worth $21,041,000 after buying an additional 12,681 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 2.1 %

NYSEARCA FTEC opened at $185.32 on Thursday. The business’s 50-day moving average price is $186.60 and its 200 day moving average price is $176.74. The firm has a market cap of $11.55 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $140.72 and a 52-week high of $192.96.

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.