2,146 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Purchased by GWN Securities Inc.

GWN Securities Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,146 shares of the company’s stock, valued at approximately $430,000.

Several other hedge funds have also recently added to or reduced their stakes in FTEC. Brighton Jones LLC raised its position in Fidelity MSCI Information Technology Index ETF by 8.8% in the fourth quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock worth $3,349,000 after purchasing an additional 1,458 shares in the last quarter. Essex Financial Services Inc. raised its position in Fidelity MSCI Information Technology Index ETF by 16.4% in the first quarter. Essex Financial Services Inc. now owns 4,554 shares of the company’s stock worth $734,000 after purchasing an additional 640 shares in the last quarter. Ameritas Advisory Services LLC raised its position in Fidelity MSCI Information Technology Index ETF by 3.5% in the first quarter. Ameritas Advisory Services LLC now owns 19,054 shares of the company’s stock worth $3,298,000 after purchasing an additional 638 shares in the last quarter. Red Door Wealth Management LLC raised its position in Fidelity MSCI Information Technology Index ETF by 54.3% in the first quarter. Red Door Wealth Management LLC now owns 2,499 shares of the company’s stock worth $403,000 after purchasing an additional 879 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the first quarter worth about $51,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.9%

NYSEARCA:FTEC opened at $236.92 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $237.98. The firm has a market capitalization of $17.39 billion, a PE ratio of 35.45 and a beta of 1.24. The firm has a 50-day moving average price of $218.19 and a 200 day moving average price of $197.71.

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.