Blue Trust Inc. decreased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 61.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,622 shares of the company’s stock after selling 2,547 shares during the quarter. Blue Trust Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $338,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of FTEC. Financial Life Planners bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $25,000. Wealth Watch Advisors INC bought a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $30,000. Strategic Advocates LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $31,000. Elyxium Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $37,000. Finally, SouthState Bank Corp acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $50,000.
Fidelity MSCI Information Technology Index ETF Price Performance
FTEC stock opened at $272.48 on Monday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $193.87 and a 52-week high of $300.79. The company has a 50-day moving average of $270.05 and a two-hundred day moving average of $238.28. The stock has a market capitalization of $19.81 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.
Fidelity MSCI Information Technology Index ETF 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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