Atomi Financial Group Inc. Acquires Shares of 2,466 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Atomi Financial Group Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,466 shares of the company’s stock, valued at approximately $384,000.

Other institutional investors also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1.5% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,574 shares of the company’s stock worth $765,000 after acquiring an additional 84 shares in the last quarter. HB Wealth Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 4.7% during the 4th quarter. HB Wealth Management LLC now owns 2,238 shares of the company’s stock worth $322,000 after buying an additional 101 shares during the period. BOK Financial Private Wealth Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 13.3% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 861 shares of the company’s stock worth $124,000 after buying an additional 101 shares during the last quarter. Valley Brook Capital Group Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 5.8% in the first quarter. Valley Brook Capital Group Inc. now owns 1,925 shares of the company’s stock valued at $300,000 after buying an additional 105 shares during the period. Finally, Avantax Advisory Services Inc. lifted its holdings in Fidelity MSCI Information Technology Index ETF by 1.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 6,551 shares of the company’s stock valued at $941,000 after buying an additional 111 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC traded up $0.95 during midday trading on Monday, reaching $179.60. 339,830 shares of the company were exchanged, compared to its average volume of 240,143. The stock has a market capitalization of $11.19 billion, a P/E ratio of 37.14 and a beta of 1.41. The stock’s 50-day simple moving average is $166.23 and its 200 day simple moving average is $155.88. Fidelity MSCI Information Technology Index ETF has a one year low of $118.39 and a one year high of $181.11.

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.