Traynor Capital Management Inc. Has $3.24 Million Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Traynor Capital Management Inc. increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 7.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 64,834 shares of the company’s stock after purchasing an additional 4,640 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up about 1.4% of Traynor Capital Management Inc.’s investment portfolio, making the stock its 15th largest holding. Traynor Capital Management Inc. owned about 0.20% of Fidelity MSCI Information Technology Index ETF worth $3,239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Exchange Capital Management Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $1,392,000. Parallel Advisors LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.8% in the 3rd quarter. Parallel Advisors LLC now owns 121,895 shares of the company’s stock valued at $6,097,000 after purchasing an additional 2,192 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 97,434 shares of the company’s stock valued at $4,205,000 after purchasing an additional 2,956 shares during the period. InterOcean Capital LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 51.2% in the 3rd quarter. InterOcean Capital LLC now owns 7,742 shares of the company’s stock valued at $357,000 after purchasing an additional 2,622 shares during the period. Finally, Eqis Capital Management Inc. increased its position in Fidelity MSCI Information Technology Index ETF by 5.4% during the 4th quarter. Eqis Capital Management Inc. now owns 68,238 shares of the company’s stock valued at $3,410,000 after buying an additional 3,496 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF (FTEC) opened at $53.04 on Friday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $40.07 and a 52-week high of $54.40.

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

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