CX Institutional lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 18.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,147 shares of the company’s stock after buying an additional 7,119 shares during the period. CX Institutional owned approximately 0.06% of Fidelity MSCI Information Technology Index ETF worth $13,179,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTEC. Wealth Watch Advisors INC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $30,000. Elyxium Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $37,000. SouthState Bank Corp bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $50,000. Strategic Advocates LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 76.4% in the fourth quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock worth $56,000 after purchasing an additional 107 shares in the last quarter. Finally, MidFirst Bank acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $73,000.
Fidelity MSCI Information Technology Index ETF Stock Up 1.7%
Shares of NYSEARCA FTEC opened at $274.73 on Tuesday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $300.79. The firm’s 50-day simple moving average is $278.39 and its 200 day simple moving average is $247.03. The stock has a market cap of $20.19 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.
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