3,078 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Acquired by Alchemi Wealth LLC

Alchemi Wealth LLC bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, Holdings Channel reports. The fund bought 3,078 shares of the company’s stock, valued at approximately $692,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTEC. Financial Life Planners purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $25,000. Bessemer Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $26,000. Wealth Watch Advisors INC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $30,000. Strategic Advocates LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $31,000. Finally, Elyxium Wealth LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $37,000.

Fidelity MSCI Information Technology Index ETF Trading Up 0.6%

Fidelity MSCI Information Technology Index ETF stock opened at $278.92 on Friday. The firm has a 50 day moving average of $257.95 and a 200 day moving average of $234.28. The firm has a market capitalization of $20.28 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12-month low of $184.88 and a 12-month high of $300.79.

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.