OneAscent Financial Services LLC Acquires New Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

OneAscent Financial Services LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, HoldingsChannel.com reports. The fund bought 6,037 shares of the company’s stock, valued at approximately $1,116,000.

A number of other hedge funds have also bought and sold shares of the stock. SteelPeak Wealth LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $53,085,000. LPL Financial LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 47.6% in the fourth quarter. LPL Financial LLC now owns 388,608 shares of the company’s stock valued at $71,846,000 after purchasing an additional 125,340 shares during the period. Eaton Financial Holdings Company LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth about $12,347,000. Raymond James Financial Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $12,377,000. Finally, Goldstone Financial Group LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth approximately $7,664,000.

Fidelity MSCI Information Technology Index ETF Trading Up 0.8 %

Shares of NYSEARCA FTEC opened at $163.98 on Thursday. The stock has a market cap of $11.58 billion, a price-to-earnings ratio of 32.28 and a beta of 1.23. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06. The company has a 50 day simple moving average of $177.08 and a two-hundred day simple moving average of $180.36.

Fidelity MSCI Information Technology Index ETF Company 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.