AssuredPartners Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,165 shares of the company’s stock, valued at approximately $400,000.
Several other institutional investors also recently modified their holdings of FTEC. Whittier Trust Co. of Nevada Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $26,000. Fifth Third Bancorp acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $37,000. Promus Capital LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $41,000. Mainstream Capital Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $44,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at about $48,000.
Fidelity MSCI Information Technology Index ETF Stock Down 2.6 %
NYSEARCA:FTEC opened at $161.51 on Friday. The firm has a market capitalization of $11.40 billion, a PE ratio of 33.25 and a beta of 1.17. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06. The firm has a 50-day moving average price of $178.66 and a 200 day moving average price of $180.35.
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.
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