Barlow Wealth Partners Inc. Buys Shares of 1,459 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Barlow Wealth Partners Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,459 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also modified their holdings of the company. Larson Financial Group LLC increased its position in Fidelity MSCI Information Technology Index ETF by 193.8% during the 4th quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after buying an additional 124 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $29,000. Key Financial Inc purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $38,000. Provence Wealth Management Group acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $37,000. Finally, SYM FINANCIAL Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $53,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.6 %

Shares of NYSEARCA FTEC traded down $0.88 during midday trading on Tuesday, reaching $152.95. The company had a trading volume of 118,113 shares, compared to its average volume of 262,257. Fidelity MSCI Information Technology Index ETF has a 1 year low of $113.12 and a 1 year high of $159.43. The business’s 50-day simple moving average is $152.73 and its 200 day simple moving average is $145.00. The stock has a market cap of $9.53 billion, a P/E 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.