Succession Financial Inc. increased its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 46.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,483 shares of the company’s stock after buying an additional 5,527 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises approximately 5.1% of Succession Financial Inc.’s investment portfolio, making the stock its 6th biggest holding. Succession Financial Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,246,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Signal Advisors Wealth LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 219.8% in the 3rd quarter. Signal Advisors Wealth LLC now owns 37,732 shares of the company’s stock worth $11,322,000 after acquiring an additional 25,934 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $640,000. McGlone Suttner Wealth Management Inc. grew its stake in Fidelity MSCI Information Technology Index ETF by 6.5% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 1,101 shares of the company’s stock valued at $330,000 after purchasing an additional 67 shares during the last quarter. Sax Wealth Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 21.1% during the 3rd quarter. Sax Wealth Advisors LLC now owns 17,550 shares of the company’s stock valued at $5,266,000 after purchasing an additional 3,060 shares during the last quarter. Finally, Avior Wealth Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter valued at about $2,430,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
Shares of FTEC stock opened at $301.79 on Wednesday. The stock’s 50-day simple moving average is $292.21 and its 200-day simple moving average is $273.00. The firm has a market capitalization of $22.27 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 $198.17 and a fifty-two week high of $311.83.
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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