Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,565 shares of the company’s stock after acquiring an additional 1,259 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for approximately 2.8% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 9th largest position. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,959,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 0.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,377,081 shares of the company’s stock valued at $415,145,000 after acquiring an additional 28,673 shares during the last quarter. Lido Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 9.3% in the third quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock valued at $203,154,000 after buying an additional 141,104 shares during the period. Commonwealth Equity Services LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 827,618 shares of the company’s stock valued at $101,739,000 after buying an additional 10,598 shares during the period. International Assets Investment Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $33,181,000. Finally, LPL Financial LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 3.7% in the third quarter. LPL Financial LLC now owns 230,442 shares of the company’s stock valued at $28,328,000 after buying an additional 8,219 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 1.6 %

FTEC traded up $2.41 during trading on Friday, hitting $149.88. The company’s stock had a trading volume of 166,985 shares, compared to its average volume of 255,990. Fidelity MSCI Information Technology Index ETF has a twelve month low of $110.66 and a twelve month high of $159.43. The stock’s fifty day moving average price is $152.96 and its 200-day moving average price is $143.56. The firm has a market capitalization of $9.30 billion, a P/E ratio of 38.28 and a beta of 1.36.

Fidelity MSCI Information Technology Index ETF Profile

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.