Fidelity MSCI Information Technology Index ETF $FTEC Stock: SteelPeak Wealth LLC Raises Holdings

SteelPeak Wealth LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2,389.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,540 shares of the company’s stock after purchasing an additional 82,104 shares during the quarter. SteelPeak Wealth LLC owned approximately 0.12% of Fidelity MSCI Information Technology Index ETF worth $25,667,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FTEC. Strengthening Families & Communities LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.5% in the 2nd quarter. Strengthening Families & Communities LLC now owns 1,520 shares of the company’s stock worth $434,000 after purchasing an additional 37 shares during the last quarter. Venture Visionary Partners LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 4.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 925 shares of the company’s stock worth $278,000 after buying an additional 40 shares during the last quarter. Eley Financial Management Inc grew its stake in Fidelity MSCI Information Technology Index ETF by 0.3% during the 1st quarter. Eley Financial Management Inc now owns 15,409 shares of the company’s stock worth $3,206,000 after buying an additional 41 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 5.1% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 969 shares of the company’s stock worth $202,000 after buying an additional 47 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. increased its position in Fidelity MSCI Information Technology Index ETF by 6.5% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 1,101 shares of the company’s stock worth $330,000 after buying an additional 67 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC stock opened at $283.46 on Friday. The stock has a market capitalization of $21.03 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 1 year low of $198.17 and a 1 year high of $311.83. The stock’s fifty day moving average is $292.36 and its two-hundred day moving average is $274.29.

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.