Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Reaches New 12-Month High – Still a Buy?

Posted by Joseph Casey on May 14th, 2026

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $272.35 and last traded at $272.16, with a volume of 24579 shares changing hands. The stock had previously closed at $270.74.

Fidelity MSCI Information Technology Index ETF Price Performance

The firm has a 50-day simple moving average of $228.70 and a 200-day simple moving average of $226.38. The firm has a market capitalization of $19.97 billion, a PE ratio of 35.45 and a beta of 1.31.

Institutional Trading of Fidelity MSCI Information Technology Index ETF

Large investors have recently added to or reduced their stakes in the business. PFG Advisors bought a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth approximately $22,364,000. Capital Investment Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $778,000. SteelPeak Wealth LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock worth $24,202,000 after purchasing an additional 104,830 shares during the period. Siligmueller & Norvid Wealth Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $607,000. Finally, Perennial Investment Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $580,000.

Fidelity MSCI Information Technology Index ETF Company Profile

(Get Free Report)

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.