SteelPeak Wealth LLC Raises Position in Fidelity MSCI Information Technology Index ETF $FTEC

SteelPeak Wealth LLC increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3,622.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 107,724 shares of the company’s stock after purchasing an additional 104,830 shares during the quarter. SteelPeak Wealth LLC owned approximately 0.14% of Fidelity MSCI Information Technology Index ETF worth $24,202,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Instrumental Wealth LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.8% during the third quarter. Instrumental Wealth LLC now owns 2,928 shares of the company’s stock worth $691,000 after purchasing an additional 52 shares in the last quarter. OMNI 360 Wealth Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 2.8% in the third quarter. OMNI 360 Wealth Inc. now owns 1,952 shares of the company’s stock worth $434,000 after purchasing an additional 53 shares during the last quarter. Global Retirement Partners LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 2.9% in the third quarter. Global Retirement Partners LLC now owns 1,892 shares of the company’s stock valued at $420,000 after purchasing an additional 54 shares in the last quarter. JSF Financial LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 0.9% during the third quarter. JSF Financial LLC now owns 6,691 shares of the company’s stock valued at $1,486,000 after purchasing an additional 58 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in Fidelity MSCI Information Technology Index ETF by 0.8% during the second quarter. Captrust Financial Advisors now owns 7,813 shares of the company’s stock valued at $1,541,000 after purchasing an additional 63 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC stock opened at $212.53 on Friday. The firm has a 50 day simple moving average of $217.30 and a two-hundred day simple moving average of $222.72. The stock has a market cap of $15.39 billion, a PE ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $240.25.

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.