Parallel Advisors LLC Buys 2,192 Shares of Fidelity MSCI Information Technology Index ETF (FTEC)

Parallel Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 121,895 shares of the company’s stock after buying an additional 2,192 shares during the period. Fidelity MSCI Information Technology Index ETF comprises about 1.0% of Parallel Advisors LLC’s portfolio, making the stock its 16th largest holding. Parallel Advisors LLC owned 0.51% of Fidelity MSCI Information Technology Index ETF worth $6,097,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTEC. InterOcean Capital LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 51.2% during the 3rd quarter. InterOcean Capital LLC now owns 7,742 shares of the company’s stock valued at $357,000 after acquiring an additional 2,622 shares during the period. Whalerock Point Partners LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $341,000. Hilton Capital Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $411,000. Exchange Capital Management Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $1,392,000. Finally, Eqis Capital Management Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF by 60.3% during the 3rd quarter. Eqis Capital Management Inc. now owns 64,742 shares of the company’s stock valued at $2,988,000 after acquiring an additional 24,345 shares during the period.

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) traded down $0.09 during mid-day trading on Tuesday, reaching $50.12. The company had a trading volume of 173,900 shares, compared to its average volume of 210,448. Fidelity MSCI Information Technology Index ETF has a 12 month low of $36.77 and a 12 month high of $51.07.

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

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