Mowery & Schoenfeld Wealth Management LLC Purchases 8,403 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Mowery & Schoenfeld Wealth Management LLC raised its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 39.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,852 shares of the company’s stock after buying an additional 8,403 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for 9.7% of Mowery & Schoenfeld Wealth Management LLC’s holdings, making the stock its biggest holding. Mowery & Schoenfeld Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,707,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FTEC. Mercer Global Advisors Inc. ADV grew its holdings in Fidelity MSCI Information Technology Index ETF by 6,087.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 479,401 shares of the company’s stock valued at $106,504,000 after buying an additional 471,653 shares in the last quarter. Vicus Capital grew its holdings in Fidelity MSCI Information Technology Index ETF by 2,666.4% in the 4th quarter. Vicus Capital now owns 112,649 shares of the company’s stock valued at $25,309,000 after buying an additional 108,577 shares in the last quarter. SteelPeak Wealth LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock valued at $24,202,000 after buying an additional 104,830 shares in the last quarter. PFG Advisors acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $22,364,000. Finally, Orion Porfolio Solutions LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 406.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock valued at $21,321,000 after buying an additional 86,780 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA FTEC opened at $242.41 on Friday. The stock’s fifty day moving average price is $219.50 and its two-hundred day moving average price is $223.66. Fidelity MSCI Information Technology Index ETF has a one year low of $155.56 and a one year high of $245.87. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 35.45 and a beta of 1.26.

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.