Ipsen Advisor Group LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 2,232 shares of the company’s stock, valued at approximately $413,000.
A number of other institutional investors and hedge funds also recently modified their holdings of FTEC. Truist Financial Corp grew its holdings 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 valued at $1,507,000 after purchasing an additional 68 shares during the period. Accelerate Investment Advisors LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after buying an additional 94 shares during the period. Valley Brook Capital Group Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 4.6% in the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after buying an additional 95 shares in the last quarter. Financial Perspectives Inc raised its stake in Fidelity MSCI Information Technology Index ETF by 0.4% during the 4th quarter. Financial Perspectives Inc now owns 27,749 shares of the company’s stock worth $5,130,000 after buying an additional 97 shares during the period. Finally, Independent Wealth Network Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 5.3% during the fourth quarter. Independent Wealth Network Inc. now owns 1,988 shares of the company’s stock worth $368,000 after acquiring an additional 100 shares in the last quarter.
Fidelity MSCI Information Technology Index ETF Price Performance
Shares of Fidelity MSCI Information Technology Index ETF stock opened at $171.66 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The company has a market capitalization of $12.12 billion, a P/E ratio of 33.25 and a beta of 1.17. The business has a 50-day moving average of $179.89 and a two-hundred day moving average of $180.54.
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.
Further Reading
- Five stocks we like better than Fidelity MSCI Information Technology Index ETF
- What is a Stock Market Index and How Do You Use Them?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- What Are Dividend Contenders? Investing in Dividend Contenders
- NVIDIA Insiders Sell: This Is What It Means for the Market
- Insider Trading – What You Need to Know
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
