InterOcean Capital LLC Makes New $228,000 Investment in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

InterOcean Capital LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,640 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $27,000. Creative Financial Designs Inc. ADV acquired a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth $29,000. Pacitti Group Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $36,000. Royal Fund Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at about $43,000. Finally, Liberty Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 281.4% in the fourth quarter. Liberty Wealth Management LLC now owns 698 shares of the company’s stock valued at $50,000 after purchasing an additional 515 shares in the last quarter.

Shares of NYSEARCA:FTEC traded up $0.35 during mid-day trading on Friday, reaching $75.81. 269,040 shares of the stock were exchanged, compared to its average volume of 667,432. The stock’s 50 day simple moving average is $69.20 and its 200-day simple moving average is $70.64. Fidelity MSCI Information Technology Index ETF has a one year low of $53.00 and a one year high of $80.99.

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

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