Independent Financial Group LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the first quarter, Holdings Channel reports. The fund acquired 6,052 shares of the company’s stock, valued at approximately $1,259,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealth Watch Advisors INC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $37,000. SouthState Bank Corp purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $50,000. Strategic Advocates LLC grew its position in Fidelity MSCI Information Technology Index ETF by 76.4% in the 4th quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock valued at $56,000 after buying an additional 107 shares during the last quarter. Finally, MidFirst Bank acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $73,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
Shares of Fidelity MSCI Information Technology Index ETF stock opened at $270.28 on Tuesday. The company has a market cap of $19.84 billion, a P/E ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a one year low of $198.17 and a one year high of $300.79. The firm has a fifty day moving average of $278.63 and a two-hundred day moving average of $243.94.
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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