Campbell Wealth Management Takes $220,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Campbell Wealth Management purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,188 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 165.8% during the 3rd quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after acquiring an additional 1,421 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,648 shares of the company’s stock valued at $22,449,000 after acquiring an additional 6,629 shares during the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 5.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 4,365 shares of the company’s stock valued at $815,000 after acquiring an additional 216 shares during the last quarter. FMR LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after acquiring an additional 5,739 shares during the last quarter. Finally, Signal Advisors Wealth LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 10.6% during the 4th quarter. Signal Advisors Wealth LLC now owns 1,600 shares of the company’s stock valued at $296,000 after acquiring an additional 153 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA FTEC opened at $189.44 on Friday. The firm’s 50-day moving average is $187.17 and its two-hundred day moving average is $178.35. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06. The stock has a market capitalization of $11.80 billion, a P/E 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.