VCI Wealth Management LLC Purchases Shares of 5,317 Fidelity MSCI Information Technology Index ETF $FTEC

VCI Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,317 shares of the company’s stock, valued at approximately $1,181,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. AlphaCore Capital LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $26,000. Heartwood Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $32,000. Howe & Rusling Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth $47,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the first quarter valued at $49,000. Finally, Sound Income Strategies LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 20.8% during the second quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock valued at $63,000 after purchasing an additional 55 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.2%

FTEC stock opened at $228.54 on Friday. The company has a 50-day simple moving average of $226.89 and a 200 day simple moving average of $213.85. The company has a market capitalization of $16.80 billion, a P/E ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $240.25.

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.