Sigma Planning Corp Increases Stock Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Sigma Planning Corp boosted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.3% during the third quarter, Holdings Channel.com reports. The firm owned 33,270 shares of the company’s stock after buying an additional 3,106 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $7,392,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FTEC. AlphaCore Capital LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $26,000. Bessemer Group Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $26,000. Heartwood Wealth Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at about $32,000. First Horizon Corp acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at about $34,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth about $41,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC opened at $220.32 on Friday. The firm has a 50-day simple moving average of $223.99 and a two-hundred day simple moving average of $221.54. The stock has a market cap of $16.08 billion, a PE ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 1-year low of $134.11 and a 1-year high of $240.25.

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.