IHT Wealth Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,360 shares of the company’s stock, valued at approximately $806,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $26,000. Fifth Third Bancorp purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $37,000. Promus Capital LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $41,000. Mainstream Capital Management LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $44,000. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $48,000.
Fidelity MSCI Information Technology Index ETF Trading Up 3.7 %
NYSEARCA:FTEC opened at $160.21 on Friday. The stock has a 50-day moving average price of $164.35 and a 200 day moving average price of $177.65. The stock has a market capitalization of $11.37 billion, a P/E ratio of 32.29 and a beta of 1.23. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $193.06.
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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