Focus Partners Advisor Solutions LLC Takes Position in Fidelity MSCI Information Technology Index ETF $FTEC

Focus Partners Advisor Solutions LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,830 shares of the company’s stock, valued at approximately $361,000.

A number of other large investors have also recently modified their holdings of the business. IMA Advisory Services Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $25,000. Legacy Wealth Managment LLC ID purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth approximately $49,000. Whittier Trust Co. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the first quarter worth approximately $50,000. Rossby Financial LCC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $57,000. Finally, SouthState Corp lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 191.9% in the 1st quarter. SouthState Corp now owns 362 shares of the company’s stock worth $58,000 after acquiring an additional 238 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $235.80 on Friday. The firm has a market cap of $17.33 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $240.25. The firm has a 50 day moving average price of $219.55 and a 200-day moving average price of $198.56.

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.