Charter Oak Capital Management LLC Invests $217,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Charter Oak Capital Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,176 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds have also made changes to their positions in the stock. Aptus Capital Advisors LLC raised its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $37,000. Sound Income Strategies LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 146.7% in the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after purchasing an additional 157 shares in the last quarter. Harbor Investment Advisory LLC bought a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $69,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth $89,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $180.52 on Tuesday. The company’s fifty day moving average price is $187.21 and its two-hundred day moving average price is $177.32. The firm has a market capitalization of $11.25 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week high of $193.06.

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.