Valley Brook Capital Group Inc. Purchases Shares of 1,820 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Valley Brook Capital Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 1,820 shares of the company’s stock, valued at approximately $261,000.

A number of other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $33,181,000. Lido Advisors LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 9.3% during the 3rd quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after purchasing an additional 141,104 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $12,895,000. SteelPeak Wealth LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $9,538,000. Finally, Crumly & Associates Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 199.5% during the 4th quarter. Crumly & Associates Inc. now owns 72,790 shares of the company’s stock worth $10,456,000 after purchasing an additional 48,485 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Up 2.6 %

Shares of FTEC stock traded up $3.88 during trading hours on Friday, reaching $151.40. 229,770 shares of the stock were exchanged, compared to its average volume of 264,361. Fidelity MSCI Information Technology Index ETF has a 12-month low of $110.80 and a 12-month high of $159.43. The company’s 50-day moving average price is $152.71 and its 200-day moving average price is $144.57. The firm has a market capitalization of $9.43 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Profile

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.