Marotta Asset Management boosted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 67.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 68,189 shares of the company’s stock after purchasing an additional 27,346 shares during the period. Fidelity MSCI Information Technology Index ETF makes up about 2.6% of Marotta Asset Management’s portfolio, making the stock its 11th biggest position. Marotta Asset Management owned approximately 0.09% of Fidelity MSCI Information Technology Index ETF worth $14,368,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of FTEC. TABR Capital Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $1,710,000. SteelPeak Wealth LLC raised its stake 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 worth $24,202,000 after acquiring an additional 104,830 shares during the last quarter. PFG Advisors acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $22,364,000. Certified Advisory Corp lifted its position in Fidelity MSCI Information Technology Index ETF by 237.4% during the 3rd quarter. Certified Advisory Corp now owns 6,910 shares of the company’s stock worth $1,535,000 after acquiring an additional 4,862 shares during the period. Finally, Perennial Investment Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $580,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
Fidelity MSCI Information Technology Index ETF stock opened at $273.89 on Friday. The business’s 50-day simple moving average is $273.23 and its two-hundred day simple moving average is $239.68. The company has a market cap of $20.10 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $197.63 and a fifty-two week high of $300.79.
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.
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