Evoke Wealth LLC Has $1.74 Million Position in Fidelity MSCI Information Technology Index ETF $FTEC

Evoke Wealth LLC grew its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 96.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,729 shares of the company’s stock after purchasing an additional 3,798 shares during the period. Evoke Wealth LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in FTEC. PFG Advisors acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $22,364,000. SteelPeak Wealth LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 3,622.3% during the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock worth $24,202,000 after buying an additional 104,830 shares during the period. TABR Capital Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $1,710,000. Perennial Investment Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $580,000. Finally, Capital Investment Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $778,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $276.35 on Friday. The firm’s 50 day simple moving average is $236.27 and its 200 day simple moving average is $228.21. Fidelity MSCI Information Technology Index ETF has a one year low of $175.39 and a one year high of $278.03. The company has a market cap of $20.09 billion, a PE ratio of 35.45 and a beta of 1.31.

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.