Copperwynd Financial LLC Buys New Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Copperwynd Financial LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,100 shares of the company’s stock, valued at approximately $217,000.

A number of other large investors have also modified their holdings of FTEC. Brighton Jones LLC grew its position in Fidelity MSCI Information Technology Index ETF by 8.8% in the fourth quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after acquiring an additional 1,458 shares during the period. NBC Securities Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter valued at $46,000. Merit Financial Group LLC grew its position in Fidelity MSCI Information Technology Index ETF by 8.9% in the first quarter. Merit Financial Group LLC now owns 1,895 shares of the company’s stock valued at $306,000 after acquiring an additional 155 shares during the period. Farther Finance Advisors LLC grew its position in Fidelity MSCI Information Technology Index ETF by 33.6% in the first quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock valued at $568,000 after acquiring an additional 878 shares during the period. Finally, Integrated Advisors Network LLC grew its position in Fidelity MSCI Information Technology Index ETF by 157.4% in the first quarter. Integrated Advisors Network LLC now owns 18,522 shares of the company’s stock valued at $2,987,000 after acquiring an additional 11,325 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $228.72 on Friday. The business’s fifty day moving average price is $213.04 and its two-hundred day moving average price is $190.82. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $229.00. The stock has a market capitalization of $16.63 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16.

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.