Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 5.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,648 shares of the company’s stock after purchasing an additional 6,629 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $22,449,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC lifted its stake in 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 purchasing an additional 809,315 shares during the last quarter. LPL Financial LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 1.5% during the second quarter. LPL Financial LLC now owns 278,685 shares of the company’s stock worth $47,800,000 after purchasing an additional 4,017 shares in the last quarter. AGF Management Ltd. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock worth $45,207,000 after buying an additional 40,910 shares during the last quarter. Kestra Investment Management LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 24.4% in the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after buying an additional 33,071 shares in the last quarter. Finally, FMR LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after buying an additional 5,739 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $186.45 on Thursday. The company has a fifty day moving average of $185.73 and a two-hundred day moving average of $176.23. Fidelity MSCI Information Technology Index ETF has a 1 year low of $139.34 and a 1 year high of $192.96. The company has a market capitalization of $11.62 billion, a PE ratio of 37.14 and a beta of 1.41.

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.