Zinnia Wealth Advisory LLC Makes New $552,000 Investment in Fidelity MSCI Information Technology Index ETF $FTEC

Zinnia Wealth Advisory LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,459 shares of the company’s stock, valued at approximately $552,000.

Several other large investors have also modified their holdings of the stock. Financial Life Planners acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $25,000. Bessemer Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $26,000. Wealth Watch Advisors INC acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $30,000. Strategic Advocates LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $31,000. Finally, Elyxium Wealth LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth about $37,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC opened at $278.92 on Monday. The business’s 50-day simple moving average is $257.95 and its 200-day simple moving average is $234.38. Fidelity MSCI Information Technology Index ETF has a one year low of $184.88 and a one year high of $300.79. The stock has a market capitalization of $20.28 billion, a P/E ratio of 35.45 and a beta of 1.34.

About Fidelity MSCI Information Technology Index ETF

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.