1,152 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Purchased by Concord Asset Management LLC VA

Concord Asset Management LLC VA bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,152 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 20.8% during the 2nd quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock valued at $63,000 after buying an additional 55 shares during the last quarter. OMNI 360 Wealth Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 3.6% in the second quarter. OMNI 360 Wealth Inc. now owns 1,899 shares of the company’s stock valued at $374,000 after acquiring an additional 66 shares in the last quarter. Accelerate Investment Advisors LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 5.4% in the first quarter. Accelerate Investment Advisors LLC now owns 1,405 shares of the company’s stock valued at $227,000 after acquiring an additional 72 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.4% in the first quarter. Chicago Partners Investment Group LLC now owns 19,433 shares of the company’s stock valued at $3,264,000 after acquiring an additional 74 shares in the last quarter. Finally, Valley Brook Capital Group Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 3.5% in the first quarter. Valley Brook Capital Group Inc. now owns 2,248 shares of the company’s stock valued at $363,000 after acquiring an additional 75 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 2.7%

Shares of FTEC stock opened at $225.14 on Tuesday. The firm has a 50-day moving average price of $213.81 and a 200 day moving average price of $191.93. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $229.78. The company has a market capitalization of $16.39 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16.

Fidelity MSCI Information Technology Index ETF Company 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.