Beaumont Financial Advisors LLC Raises Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Beaumont Financial Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,639 shares of the company’s stock after purchasing an additional 753 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,474,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FTEC. WealthShield Partners LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 2.2% in the second quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock worth $579,000 after buying an additional 73 shares during the last quarter. Fifth Third Securities Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock valued at $370,000 after acquiring an additional 76 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock worth $598,000 after acquiring an additional 81 shares during the last quarter. Liberty Wealth Management LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.7% during the 2nd quarter. Liberty Wealth Management LLC now owns 5,412 shares of the company’s stock worth $928,000 after purchasing an additional 93 shares during the period. Finally, Valley Brook Capital Group Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.2% during the 2nd quarter. Valley Brook Capital Group Inc. now owns 2,025 shares of the company’s stock worth $347,000 after purchasing an additional 100 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $178.09 on Friday. The business has a 50 day simple moving average of $168.05 and a two-hundred day simple moving average of $164.10. Fidelity MSCI Information Technology Index ETF has a 1 year low of $118.39 and a 1 year high of $181.11. The firm has a market capitalization of $11.10 billion, a PE ratio of 37.14 and a beta of 1.41.

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.