Smith Shellnut Wilson LLC ADV purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,907 shares of the company’s stock, valued at approximately $5,673,000. Fidelity MSCI Information Technology Index ETF accounts for about 2.2% of Smith Shellnut Wilson LLC ADV’s holdings, making the stock its 12th biggest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Highland Investment Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $40,000. Continuum Advisory LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $66,000. AdvisorNet Financial Inc boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 176.2% during the 1st quarter. AdvisorNet Financial Inc now owns 359 shares of the company’s stock valued at $75,000 after acquiring an additional 229 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $126,000. Finally, Kingsbury Capital Investment Advisors LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $201,000.
Fidelity MSCI Information Technology Index ETF Stock Up 1.7%
NYSEARCA FTEC opened at $291.85 on Thursday. The stock has a market cap of $21.66 billion, a P/E ratio of 35.45 and a beta of 1.34. The company’s 50-day simple moving average is $292.40 and its 200 day simple moving average is $276.47. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve month high of $311.83.
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.
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