922 Shares in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Purchased by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 922 shares of the company’s stock, valued at approximately $144,000.

Several other large investors also recently added to or reduced their stakes in the company. Bank of New Hampshire purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $25,000. Larson Financial Group LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 193.8% during the 4th quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after acquiring an additional 124 shares during the last quarter. Ables Iannone Moore & Associates Inc. bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $34,000. Key Financial Inc bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $38,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $43,000.

Fidelity MSCI Information Technology Index ETF Trading Down 2.6 %

Shares of FTEC traded down $4.28 during trading hours on Friday, reaching $158.74. 646,266 shares of the company’s stock traded hands, compared to its average volume of 281,172. The stock has a market cap of $9.89 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s 50 day simple moving average is $169.90 and its 200-day simple moving average is $158.61. Fidelity MSCI Information Technology Index ETF has a 12 month low of $118.39 and a 12 month high of $181.11.

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.