Fidelity MSCI Information Technology Index ETF $FTEC Shares Newly Purchased by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 30,473 shares of the company’s stock, valued at approximately $9,144,000.

Several other institutional investors have also recently added to or reduced their stakes in FTEC. Lido Advisors LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 3.6% during the 1st quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock valued at $452,679,000 after acquiring an additional 75,631 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.1% in the 1st quarter. Kestra Advisory Services LLC now owns 183,454 shares of the company’s stock valued at $38,168,000 after purchasing an additional 10,516 shares during the last quarter. Independence Financial Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 6.6% in the 3rd quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock valued at $45,166,000 after purchasing an additional 9,259 shares during the last quarter. Morningstar Investment Management LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 24.0% in the 1st quarter. Morningstar Investment Management LLC now owns 117,953 shares of the company’s stock valued at $24,540,000 after purchasing an additional 22,808 shares during the last quarter. Finally, Yoder Wealth Management Inc. increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 13.2% in the first quarter. Yoder Wealth Management Inc. now owns 98,083 shares of the company’s stock valued at $20,406,000 after purchasing an additional 11,440 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $284.35 on Monday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83. The stock’s 50 day simple moving average is $292.03 and its 200-day simple moving average is $277.47. The firm has a market cap of $21.13 billion, a P/E ratio of 35.45 and a beta of 1.34.

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.