Snowden Capital Advisors LLC Buys 1,241 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Snowden Capital Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,903 shares of the company’s stock after buying an additional 1,241 shares during the period. Snowden Capital Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,823,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. SteelPeak Wealth LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $53,085,000. Ameriprise Financial Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 242.7% during the fourth quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock worth $40,067,000 after purchasing an additional 153,479 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 47.6% during the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock worth $71,846,000 after purchasing an additional 125,340 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $12,377,000. Finally, Goldstone Financial Group LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $7,664,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $183.11 on Friday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $193.06. The firm has a market cap of $13.01 billion, a PE ratio of 33.64 and a beta of 1.24. The company has a 50 day simple moving average of $161.86 and a two-hundred day simple moving average of $176.78.

Fidelity MSCI Information Technology Index ETF Company 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.