Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $276.36 and last traded at $276.36, with a volume of 20749 shares traded. The stock had previously closed at $273.47.
Fidelity MSCI Information Technology Index ETF Stock Up 1.2%
The business’s 50 day moving average is $235.12 and its 200-day moving average is $227.87. The firm has a market cap of $20.12 billion, a P/E ratio of 35.45 and a beta of 1.31.
Institutional Trading of Fidelity MSCI Information Technology Index ETF
Several institutional investors have recently added to or reduced their stakes in FTEC. Mercer Global Advisors Inc. ADV increased its stake in Fidelity MSCI Information Technology Index ETF by 6,087.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 479,401 shares of the company’s stock valued at $106,504,000 after purchasing an additional 471,653 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Fidelity MSCI Information Technology Index ETF by 129.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 700,423 shares of the company’s stock valued at $157,364,000 after purchasing an additional 394,739 shares during the last quarter. Vicus Capital increased its stake in Fidelity MSCI Information Technology Index ETF by 2,666.4% during the fourth quarter. Vicus Capital now owns 112,649 shares of the company’s stock valued at $25,309,000 after purchasing an additional 108,577 shares during the last quarter. SteelPeak Wealth LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 3,622.3% during the fourth quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock valued at $24,202,000 after purchasing an additional 104,830 shares during the last quarter. Finally, PFG Advisors bought a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $22,364,000.
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.
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