Succession Financial Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,956 shares of the company’s stock, valued at approximately $3,414,000. Fidelity MSCI Information Technology Index ETF accounts for 3.2% of Succession Financial Inc.’s holdings, making the stock its 7th largest position.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealth Watch Advisors INC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $30,000. Elyxium Wealth LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $37,000. Highland Investment Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $40,000. SouthState Bank Corp bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $50,000. Finally, Strategic Advocates LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 76.4% in the fourth quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock valued at $56,000 after purchasing an additional 107 shares during the last quarter.
Fidelity MSCI Information Technology Index ETF Stock Performance
NYSEARCA:FTEC opened at $289.31 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $300.79. The firm has a market cap of $21.26 billion, a PE ratio of 35.45 and a beta of 1.35. The business has a 50 day moving average price of $280.15 and a 200-day moving average price of $257.48.
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.
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