Integrated Advisors Network LLC Purchases 6,132 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Integrated Advisors Network LLC lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 37.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,457 shares of the company’s stock after buying an additional 6,132 shares during the period. Integrated Advisors Network LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of FTEC. Financial Life Planners purchased a new position in Fidelity MSCI Information Technology Index ETF in the third quarter worth about $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $30,000. Strategic Advocates LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $31,000. Elyxium Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $37,000. Finally, SouthState Bank Corp bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $50,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC traded down $7.02 on Tuesday, reaching $270.99. The company’s stock had a trading volume of 99,898 shares, compared to its average volume of 418,141. The stock’s 50 day simple moving average is $274.50 and its two-hundred day simple moving average is $240.43. The stock has a market capitalization of $19.89 billion, a P/E ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12-month low of $197.63 and a 12-month high of $300.79.

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.