Blue Jean Financial LLC Makes New Investment in Fidelity MSCI Information Technology Index ETF $FTEC

Blue Jean Financial LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,103 shares of the company’s stock, valued at approximately $922,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $25,000. Bessemer Group Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $26,000. Wealth Watch Advisors INC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $30,000. Strategic Advocates LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth $31,000. Finally, Elyxium Wealth LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $37,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $278.92 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $184.88 and a 12 month high of $300.79. The firm has a market capitalization of $20.28 billion, a P/E ratio of 35.45 and a beta of 1.34. The company’s fifty day moving average price is $257.95 and its two-hundred day moving average price is $234.28.

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.