Lee Danner & Bass Inc. Buys Shares of 400 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Lee Danner & Bass Inc. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 400 shares of the company’s stock, valued at approximately $74,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 40.7% during the 4th quarter. Jones Financial Companies Lllp now owns 4,969 shares of the company’s stock worth $919,000 after purchasing an additional 1,437 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $219,000. JPMorgan Chase & Co. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd 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 last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock worth $815,000 after purchasing an additional 216 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock worth $27,814,000 after purchasing an additional 5,739 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $167.70 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06. The stock has a market capitalization of $11.84 billion, a P/E ratio of 33.25 and a beta of 1.17. The firm’s 50-day moving average is $180.28 and its two-hundred day moving average is $180.26.

About Fidelity MSCI Information Technology Index ETF

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.