Financial Perspectives Inc Buys 312 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Financial Perspectives Inc lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,454 shares of the company’s stock after purchasing an additional 312 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for about 1.7% of Financial Perspectives Inc’s holdings, making the stock its 16th largest position. Financial Perspectives Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,612,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. IMA Advisory Services Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $25,000. Legacy Wealth Managment LLC ID purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $49,000. Whittier Trust Co. purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $51,000. Finally, Rossby Financial LCC purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter worth about $57,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.1%

Fidelity MSCI Information Technology Index ETF stock opened at $223.93 on Monday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $229.78. The business has a 50-day simple moving average of $215.22 and a 200 day simple moving average of $193.71. The stock has a market cap of $16.35 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.