Fingerlakes Wealth Management Inc. Buys 878 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Fingerlakes Wealth Management Inc. increased its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,382 shares of the company’s stock after purchasing an additional 878 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for approximately 3.0% of Fingerlakes Wealth Management Inc.’s holdings, making the stock its 8th biggest position. Fingerlakes Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,768,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aptus Capital Advisors LLC raised its position in Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after buying an additional 68 shares during the last quarter. Truist Financial Corp increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after acquiring an additional 68 shares during the period. Capital Advisors Inc. OK raised its holdings in Fidelity MSCI Information Technology Index ETF by 4.0% during the third quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock worth $337,000 after purchasing an additional 74 shares in the last quarter. Accelerate Investment Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 7.6% in the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after purchasing an additional 94 shares during the period. Finally, Valley Brook Capital Group Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 4.6% in the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after purchasing an additional 95 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.1 %

NYSEARCA FTEC opened at $191.41 on Thursday. The stock has a market capitalization of $11.92 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The business’s 50 day moving average is $187.21 and its two-hundred day moving average is $179.28. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-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.