Aureus Asset Management LLC Buys New Shares in Fidelity MSCI Information Technology Index ETF $FTEC

Aureus Asset Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 1st quarter, Holdings Channel.com reports. The fund bought 2,294 shares of the company’s stock, valued at approximately $477,000.

Other institutional investors have also bought and sold shares of the company. TABR Capital Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at about $1,710,000. SteelPeak Wealth LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock valued at $24,202,000 after acquiring an additional 104,830 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Fidelity MSCI Information Technology Index ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 313,356 shares of the company’s stock valued at $70,402,000 after acquiring an additional 7,672 shares in the last quarter. Kraft Davis & Associates LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 35.0% during the 4th quarter. Kraft Davis & Associates LLC now owns 81,384 shares of the company’s stock valued at $18,547,000 after purchasing an additional 21,099 shares during the last quarter. Finally, Capital Investment Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $778,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $273.30 on Friday. The firm has a market capitalization of $20.03 billion, a P/E ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 52 week low of $198.17 and a 52 week high of $300.79. The stock has a 50 day moving average price of $278.88 and a two-hundred day moving average price of $245.01.

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.