5,317 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 5,317 shares of the company’s stock, valued at approximately $1,181,000.

Several other hedge funds also recently modified their holdings of FTEC. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 23.9% in the second quarter. Envestnet Asset Management Inc. now owns 659,540 shares of the company’s stock valued at $130,074,000 after buying an additional 127,232 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 406.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 108,109 shares of the company’s stock valued at $21,321,000 after acquiring an additional 86,780 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 4,004.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 86,073 shares of the company’s stock valued at $16,975,000 after purchasing an additional 83,976 shares in the last quarter. SteelPeak Wealth LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $14,173,000. Finally, Lido Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.2% in the 2nd quarter. Lido Advisors LLC now owns 2,092,518 shares of the company’s stock worth $412,687,000 after purchasing an additional 64,807 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC stock opened at $228.54 on Friday. The firm has a market cap of $16.80 billion, a PE ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $240.25. The firm has a 50 day simple moving average of $226.89 and a 200 day simple moving average of $213.85.

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.