Sunbelt Securities Inc. raised its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 25.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,199 shares of the company’s stock after buying an additional 3,637 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,043,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $25,000. AlphaCore Capital LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth $26,000. Bessemer Group Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the third quarter worth $26,000. Wealth Watch Advisors INC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $30,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $32,000.
Fidelity MSCI Information Technology Index ETF Price Performance
Shares of FTEC stock opened at $216.86 on Wednesday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $240.25. The stock’s 50-day moving average is $221.33 and its two-hundred day moving average is $222.88. The firm has a market cap of $15.83 billion, a P/E ratio of 35.45 and a beta of 1.24.
Fidelity MSCI Information Technology Index ETF Company 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.
Further Reading
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.
