SHP Wealth Management acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,033 shares of the company’s stock, valued at approximately $907,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position 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. LPL Financial LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 14.1% in the 4th quarter. LPL Financial LLC now owns 694,702 shares of the company’s stock worth $156,079,000 after buying an additional 85,840 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of 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 worth $106,504,000 after buying an additional 471,653 shares during the last quarter. Morgan Stanley increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 365,438 shares of the company’s stock worth $82,103,000 after buying an additional 22,833 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Fidelity MSCI Information Technology Index ETF by 1.5% during the 4th quarter. Osaic Holdings Inc. now owns 299,564 shares of the company’s stock valued at $67,358,000 after buying an additional 4,486 shares in the last quarter.
Fidelity MSCI Information Technology Index ETF Stock Performance
Fidelity MSCI Information Technology Index ETF stock opened at $286.54 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $185.26 and a fifty-two week high of $300.79. The stock has a market cap of $20.83 billion, a P/E ratio of 35.45 and a beta of 1.34. The firm’s fifty day moving average price is $264.93 and its 200-day moving average price is $236.46.
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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