Signaturefd LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,853 shares of the company’s stock, valued at approximately $556,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Barrett & Company Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $29,000. McCarley & Cook Financial Planners acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at $31,000. Highland Investment Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at about $40,000. Continuum Advisory LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at approximately $66,000. Finally, Main Street Group LTD purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 1st quarter worth $126,000.
Fidelity MSCI Information Technology Index ETF Trading Down 1.1%
FTEC stock opened at $291.71 on Friday. The company has a market capitalization of $21.67 billion, a P/E ratio of 35.45 and a beta of 1.34. The firm has a 50 day simple moving average of $292.37 and a 200-day simple moving average of $260.59. Fidelity MSCI Information Technology Index ETF has a twelve month low of $198.17 and a twelve 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.
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