Legacy Wealth Managment LLC ID Buys Shares of 301 Fidelity MSCI Information Technology Index ETF $FTEC

Legacy Wealth Managment LLC ID bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 301 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Coordinated Financial Services Inc. CO acquired a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at $567,000. Redwood Financial Network Corp acquired a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at $203,000. Pinnacle Family Advisors LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 54.3% in the first quarter. Pinnacle Family Advisors LLC now owns 1,765 shares of the company’s stock valued at $285,000 after acquiring an additional 621 shares during the period. EP Wealth Advisors LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 22.7% in the first quarter. EP Wealth Advisors LLC now owns 5,857 shares of the company’s stock valued at $945,000 after buying an additional 1,084 shares in the last quarter. Finally, MAI Capital Management increased its position in shares of Fidelity MSCI Information Technology Index ETF by 1.3% in the first quarter. MAI Capital Management now owns 65,609 shares of the company’s stock valued at $10,581,000 after buying an additional 872 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2%

Shares of FTEC stock opened at $208.01 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $211.47. The stock has a market cap of $14.91 billion, a P/E ratio of 35.45 and a beta of 1.16. The business has a fifty day simple moving average of $204.40 and a 200-day simple moving average of $183.02.

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.