Charles Schwab Investment Advisory Inc. Has $401,000 Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Charles Schwab Investment Advisory Inc. raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 48.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,788 shares of the company’s stock after buying an additional 907 shares during the period. Charles Schwab Investment Advisory Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of FTEC. Lincoln National Corp lifted its holdings in Fidelity MSCI Information Technology Index ETF by 46.4% in the fourth quarter. Lincoln National Corp now owns 17,324 shares of the company’s stock valued at $2,488,000 after buying an additional 5,490 shares during the period. Wealthcare Advisory Partners LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $388,000. Valley Brook Capital Group Inc. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $261,000. Avidian Wealth Solutions LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 21.7% during the 4th quarter. Avidian Wealth Solutions LLC now owns 4,116 shares of the company’s stock worth $591,000 after purchasing an additional 735 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 13.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 2,333 shares of the company’s stock valued at $335,000 after buying an additional 277 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded up $0.07 on Wednesday, reaching $153.05. 112,437 shares of the stock were exchanged, compared to its average volume of 260,541. The firm’s 50 day moving average is $152.73 and its 200-day moving average is $145.00. The firm has a market cap of $9.54 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one year low of $113.12 and a one year high of $159.43.

About Fidelity MSCI Information Technology Index ETF

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.