PFG Advisors Grows Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

PFG Advisors boosted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 16.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,495 shares of the company’s stock after acquiring an additional 894 shares during the quarter. PFG Advisors’ holdings in Fidelity MSCI Information Technology Index ETF were worth $481,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Allied Advisory Services Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $30,000. KCS Wealth Advisory purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $83,000. Penserra Capital Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $121,000. AdvisorNet Financial Inc boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 76.3% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,973 shares of the company’s stock valued at $190,000 after buying an additional 1,287 shares during the last quarter. Finally, Q3 Asset Management purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at approximately $152,000.

Fidelity MSCI Information Technology Index ETF stock opened at $75.30 on Wednesday. The stock has a 50 day moving average of $71.63 and a 200-day moving average of $66.26. Fidelity MSCI Information Technology Index ETF has a 52 week low of $50.40 and a 52 week high of $75.79.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.191 per share. This is a boost from Fidelity MSCI Information Technology Index ETF’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, December 20th.

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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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