Global Retirement Partners LLC Raises Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Global Retirement Partners LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 13.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,685 shares of the company’s stock after acquiring an additional 198 shares during the quarter. Global Retirement Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FTEC. Aptus Capital Advisors LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares in the last quarter. Truist Financial Corp increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the 4th quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after purchasing an additional 68 shares in the last quarter. Capital Advisors Inc. OK increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% during the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock worth $337,000 after purchasing an additional 74 shares in the last quarter. Accelerate Investment Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 7.6% during the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after purchasing an additional 94 shares during the last quarter. Finally, Valley Brook Capital Group Inc. lifted its stake in Fidelity MSCI Information Technology Index ETF by 4.6% in the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after buying an additional 95 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA:FTEC opened at $182.94 on Tuesday. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The stock has a market cap of $11.40 billion, a PE ratio of 37.14 and a beta of 1.41. The business’s fifty day moving average price is $186.94 and its two-hundred day moving average price is $180.12.

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.