Brandywine Oak Private Wealth LLC Takes $213,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Brandywine Oak Private Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,153 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors have also added to or reduced their stakes in FTEC. Stratos Wealth Partners LTD. grew its stake in Fidelity MSCI Information Technology Index ETF by 5.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 13,056 shares of the company’s stock worth $2,414,000 after purchasing an additional 699 shares during the period. Catalina Capital Group LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 4.2% during the 4th quarter. Catalina Capital Group LLC now owns 2,711 shares of the company’s stock worth $501,000 after buying an additional 110 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 21.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 2,636 shares of the company’s stock worth $487,000 after buying an additional 461 shares during the period. DAVENPORT & Co LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 8.7% in the 4th quarter. DAVENPORT & Co LLC now owns 8,423 shares of the company’s stock valued at $1,557,000 after acquiring an additional 671 shares in the last quarter. Finally, Yoder Wealth Management Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF by 27.9% during the fourth quarter. Yoder Wealth Management Inc. now owns 48,728 shares of the company’s stock worth $9,009,000 after acquiring an additional 10,618 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC opened at $185.80 on Thursday. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The company has a market cap of $11.58 billion, a PE ratio of 37.14 and a beta of 1.41. The stock has a 50-day moving average of $187.19 and a 200-day moving average of $177.69.

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.