Calamos Advisors LLC Takes Position in Fidelity MSCI Information Technology Index ETF $FTEC

Calamos Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,400 shares of the company’s stock, valued at approximately $499,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wealth Watch Advisors INC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $30,000. Elyxium Wealth LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $37,000. SouthState Bank Corp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $50,000. Strategic Advocates LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 76.4% in the 4th quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock worth $56,000 after purchasing an additional 107 shares during the period. Finally, MidFirst Bank purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $73,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $270.13 on Friday. The business’s fifty day moving average is $278.65 and its 200 day moving average is $243.53. The company has a market capitalization of $19.83 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $300.79.

Fidelity MSCI Information Technology Index ETF Company 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.