Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Elk River Wealth Management LLC

Elk River Wealth Management LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 20.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,946 shares of the company’s stock after acquiring an additional 330 shares during the period. Elk River Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in FTEC. Alpha Financial Partners LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $1,129,000. Raymond James & Associates lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 40.5% during the 3rd quarter. Raymond James & Associates now owns 31,741 shares of the company’s stock worth $5,539,000 after acquiring an additional 9,150 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 10.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,364 shares of the company’s stock worth $587,000 after acquiring an additional 322 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after acquiring an additional 809,315 shares during the period. Finally, Yoder Wealth Management Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 20.8% during the 3rd quarter. Yoder Wealth Management Inc. now owns 38,110 shares of the company’s stock worth $6,650,000 after acquiring an additional 6,568 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $191.41 on Thursday. The firm has a market cap of $11.92 billion, a P/E ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $193.06. The firm’s 50-day simple moving average is $187.21 and its 200-day simple moving average is $179.28.

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.