Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 93.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,320 shares of the company’s stock after purchasing an additional 47,500 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.16% of Fidelity MSCI Information Technology Index ETF worth $17,096,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of FTEC. Wealth Enhancement Advisory Services LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 1.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,382 shares of the company’s stock worth $2,709,000 after purchasing an additional 287 shares in the last quarter. Diversified Trust Co purchased a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter worth $242,000. Claro Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter worth $1,437,000. CAP Partners LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 5.1% during the first quarter. CAP Partners LLC now owns 8,147 shares of the company’s stock worth $1,270,000 after purchasing an additional 398 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 42.3% in the first quarter. SeaCrest Wealth Management LLC now owns 4,243 shares of the company’s stock valued at $661,000 after acquiring an additional 1,261 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.5 %

Shares of NYSEARCA:FTEC opened at $179.09 on Friday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $118.39 and a 52-week high of $181.49. The stock’s fifty day simple moving average is $172.08 and its 200-day simple moving average is $166.02. The company has a market capitalization of $11.16 billion, a P/E ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF 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.