Tradewinds Capital Management LLC Takes Position in Fidelity MSCI Information Technology Index ETF $FTEC

Tradewinds Capital Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,659 shares of the company’s stock, valued at approximately $597,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Instrumental Wealth LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 1.8% during the third quarter. Instrumental Wealth LLC now owns 2,928 shares of the company’s stock worth $691,000 after purchasing an additional 52 shares during the period. OMNI 360 Wealth Inc. raised its stake in Fidelity MSCI Information Technology Index ETF by 2.8% in the third quarter. OMNI 360 Wealth Inc. now owns 1,952 shares of the company’s stock valued at $434,000 after buying an additional 53 shares during the period. Global Retirement Partners LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 2.9% in the third quarter. Global Retirement Partners LLC now owns 1,892 shares of the company’s stock valued at $420,000 after buying an additional 54 shares during the period. JSF Financial LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.9% in the third quarter. JSF Financial LLC now owns 6,691 shares of the company’s stock valued at $1,486,000 after buying an additional 58 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.8% in the second quarter. Captrust Financial Advisors now owns 7,813 shares of the company’s stock valued at $1,541,000 after buying an additional 63 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 2.1%

Shares of NYSEARCA FTEC opened at $203.09 on Friday. The company has a market capitalization of $14.83 billion, a P/E 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 stock has a 50 day moving average of $218.84 and a 200-day moving average of $222.89.

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.