Claris Financial LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,032 shares of the company’s stock, valued at approximately $1,355,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in FTEC. Jacobs Equity LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $2,794,000. Summit Global Investments purchased a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $302,000. Beacon Pointe Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 20.8% during the fourth quarter. Beacon Pointe Advisors LLC now owns 2,458 shares of the company’s stock valued at $552,000 after buying an additional 424 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $3,235,000. Finally, CacheTech Inc. raised its position in Fidelity MSCI Information Technology Index ETF by 11.8% in the fourth quarter. CacheTech Inc. now owns 34,463 shares of the company’s stock worth $7,743,000 after acquiring an additional 3,651 shares during the period.
Fidelity MSCI Information Technology Index ETF Price Performance
Shares of Fidelity MSCI Information Technology Index ETF stock opened at $286.54 on Friday. The company’s fifty day simple moving average is $263.60 and its 200-day simple moving average is $236.11. The stock has a market capitalization of $20.83 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 1-year low of $185.26 and a 1-year high of $300.79.
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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