SteelPeak Wealth LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 2,389.5% in the third quarter, HoldingsChannel reports. The fund owned 85,540 shares of the company’s stock after buying an additional 82,104 shares during the period. SteelPeak Wealth LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $25,667,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. Highland Investment Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $40,000. Continuum Advisory LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $66,000. MidFirst Bank bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $73,000. AdvisorNet Financial Inc grew its position in Fidelity MSCI Information Technology Index ETF by 176.2% in the 1st quarter. AdvisorNet Financial Inc now owns 359 shares of the company’s stock valued at $75,000 after buying an additional 229 shares in the last quarter. Finally, Main Street Group LTD acquired a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $126,000.
Fidelity MSCI Information Technology Index ETF Trading Down 2.9%
Fidelity MSCI Information Technology Index ETF stock opened at $283.46 on Friday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $198.17 and a 52 week high of $311.83. The stock has a market cap of $21.03 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. The company’s 50-day moving average price is $292.36 and its two-hundred day moving average price is $274.29.
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.
Featured Articles
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
