Retirement Planning Group LLC NY Buys 620 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Retirement Planning Group LLC NY boosted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 30.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,666 shares of the company’s stock after acquiring an additional 620 shares during the quarter. Retirement Planning Group LLC NY’s holdings in Fidelity MSCI Information Technology Index ETF were worth $526,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. CWM LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 36.8% during the 2nd quarter. CWM LLC now owns 6,392 shares of the company’s stock worth $1,261,000 after acquiring an additional 1,719 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $204,000. SLT Holdings LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $838,000. Brandywine Oak Private Wealth LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $220,000. Finally, Wealthstar Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 1.6% during the 2nd quarter. Wealthstar Advisors LLC now owns 16,272 shares of the company’s stock worth $3,209,000 after acquiring an additional 255 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 4.1%

Shares of NYSEARCA:FTEC opened at $219.27 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $229.78. The company’s 50-day moving average price is $213.41 and its two-hundred day moving average price is $191.31. The firm has a market cap of $15.96 billion, a P/E ratio of 35.45 and a beta of 1.16.

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.