McGlone Suttner Wealth Management Inc. Invests $201,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

McGlone Suttner Wealth Management Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,090 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors have also recently modified their holdings of the company. Aptus Capital Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the second quarter valued at approximately $32,000. Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $69,000. Voisard Asset Management Group Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $89,000. Finally, FSA Wealth Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $90,000.

Fidelity MSCI Information Technology Index ETF Trading Down 1.0 %

Shares of FTEC stock opened at $190.45 on Friday. The stock has a 50 day moving average of $187.21 and a 200 day moving average of $177.35. The stock has a market cap of $11.87 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06.

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.