Snowden Capital Advisors LLC Buys 1,241 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Snowden Capital Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 36,903 shares of the company’s stock after purchasing an additional 1,241 shares during the quarter. Snowden Capital Advisors LLC owned approximately 0.06% of Fidelity MSCI Information Technology Index ETF worth $6,823,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 1.2% during the 4th quarter. EP Wealth Advisors LLC now owns 4,773 shares of the company’s stock worth $882,000 after buying an additional 57 shares during the period. Truist Financial Corp boosted its stake in Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after acquiring an additional 68 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 3.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,895 shares of the company’s stock worth $350,000 after purchasing an additional 71 shares during the period. Whalerock Point Partners LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 0.9% in the fourth quarter. Whalerock Point Partners LLC now owns 10,298 shares of the company’s stock worth $1,904,000 after purchasing an additional 89 shares during the period. Finally, Valley Brook Capital Group Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 4.6% in the fourth quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after purchasing an additional 95 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC stock opened at $183.11 on Friday. The company’s 50-day moving average is $161.86 and its 200-day moving average is $176.78. The stock has a market capitalization of $13.01 billion, a PE ratio of 33.64 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year 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.