Fortress Financial Solutions LLC Takes $243,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Fortress Financial Solutions LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,312 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. CWM LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 165.8% in the 3rd quarter. CWM LLC now owns 2,278 shares of the company’s stock worth $398,000 after acquiring an additional 1,421 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity MSCI Information Technology Index ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock worth $22,449,000 after purchasing an additional 6,629 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after purchasing an additional 216 shares in the last quarter. FMR LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the third quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after purchasing an additional 5,739 shares in the last quarter. Finally, Signal Advisors Wealth LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 10.6% during the fourth quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock valued at $296,000 after purchasing an additional 153 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Down 0.2 %

FTEC stock opened at $186.85 on Wednesday. The business has a 50 day moving average of $187.29 and a 200 day moving average of $178.15. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06. The firm has a market cap of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41.

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.