Fidelity MSCI Information Technology Index ETF $FTEC Shares Newly Purchased by Leo Wealth LLC

Leo Wealth LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,150 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds have also bought and sold shares of the company. Apollon Wealth Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 30.0% during the third quarter. Apollon Wealth Management LLC now owns 1,655 shares of the company’s stock worth $497,000 after purchasing an additional 382 shares during the period. Sigma Planning Corp acquired a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $9,144,000. Financial Management Professionals Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $194,000. Samalin Investment Counsel LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the third quarter worth approximately $4,676,000. Finally, Valley National Advisers Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $53,000.

Fidelity MSCI Information Technology Index ETF Stock Up 1.5%

NYSEARCA:FTEC opened at $288.61 on Tuesday. The stock’s 50 day moving average price is $292.02 and its two-hundred day moving average price is $259.60. The firm has a market capitalization of $21.44 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83.

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.