Capital Planning LLC Acquires 1,998 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Capital Planning LLC raised its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,730 shares of the company’s stock after acquiring an additional 1,998 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up 1.1% of Capital Planning LLC’s portfolio, making the stock its 23rd biggest holding. Capital Planning LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,202,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FTEC. WCG Wealth Advisors LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 11.8% in the second quarter. WCG Wealth Advisors LLC now owns 20,554 shares of the company’s stock valued at $3,525,000 after acquiring an additional 2,163 shares during the period. Brighton Jones LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 1.8% in the second quarter. Brighton Jones LLC now owns 16,615 shares of the company’s stock valued at $2,850,000 after acquiring an additional 288 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 6.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 13,308 shares of the company’s stock valued at $2,283,000 after acquiring an additional 778 shares during the period. EverSource Wealth Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $32,000. Finally, Marshall Wace LLP bought a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $456,000.

Fidelity MSCI Information Technology Index ETF Stock Down 0.7 %

NYSEARCA FTEC opened at $183.94 on Friday. The stock’s 50-day moving average price is $186.56 and its 200-day moving average price is $176.79. Fidelity MSCI Information Technology Index ETF has a 52 week low of $140.72 and a 52 week high of $192.96. The company has a market capitalization of $11.46 billion, a P/E ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company 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.