Monte Financial Group LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,140 shares of the company’s stock, valued at approximately $211,000.
A number of other large investors have also bought and sold shares of FTEC. Aptus Capital Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $32,000. Fifth Third Bancorp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $37,000. Sound Income Strategies LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 146.7% in the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock worth $49,000 after purchasing an additional 157 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $69,000.
Fidelity MSCI Information Technology Index ETF Trading Down 1.0 %
Shares of FTEC stock opened at $190.45 on Friday. The firm’s fifty day moving average price is $187.21 and its two-hundred day moving average price is $177.35. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The firm has a market capitalization of $11.87 billion, a P/E ratio of 37.14 and a beta of 1.41.
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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