Perennial Investment Advisors LLC Invests $580,000 in Fidelity MSCI Information Technology Index ETF $FTEC

Perennial Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECFree Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,611 shares of the company’s stock, valued at approximately $580,000.

Other institutional investors have also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at about $26,000. AlphaCore Capital LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth about $26,000. Heartwood Wealth Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $32,000. First Horizon Corp purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $34,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $41,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $214.29 on Friday. The firm has a market cap of $15.64 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. The stock has a 50-day simple moving average of $222.68 and a 200-day simple moving average of $222.28. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $240.25.

Fidelity MSCI Information Technology Index ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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