Voisard Asset Management Group Inc. Takes Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Voisard Asset Management Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 512 shares of the company’s stock, valued at approximately $89,000.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $32,000. Lynx Investment Advisory purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $37,000. McClarren Financial Advisors Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 488.7% in the 1st quarter. McClarren Financial Advisors Inc. now owns 312 shares of the company’s stock valued at $490,000 after buying an additional 259 shares during the period. Advisors Preferred LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at approximately $63,000. Finally, ORG Partners LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $100,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $179.04 on Thursday. The firm’s 50 day moving average price is $172.53 and its 200-day moving average price is $166.57. Fidelity MSCI Information Technology Index ETF has a one year low of $119.72 and a one year high of $181.99. The firm has a market cap of $11.15 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.