Smartleaf Asset Management LLC Takes Position in Fidelity MSCI Information Technology Index ETF $FTEC

Smartleaf Asset Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 621 shares of the company’s stock, valued at approximately $100,000.

Several other institutional investors have also modified their holdings of FTEC. Ameriprise Financial Inc. lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 242.7% during the 4th quarter. Ameriprise Financial Inc. now owns 216,721 shares of the company’s stock valued at $40,067,000 after purchasing an additional 153,479 shares in the last quarter. TBH Global Asset Management LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 1,753.6% during the 1st quarter. TBH Global Asset Management LLC now owns 160,615 shares of the company’s stock valued at $25,902,000 after purchasing an additional 151,950 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $16,917,000. Independence Financial Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $9,858,000. Finally, CacheTech Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $6,532,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $210.61 on Friday. The stock has a market capitalization of $15.10 billion, a PE ratio of 35.45 and a beta of 1.16. The business’s 50-day simple moving average is $202.60 and its 200-day simple moving average is $182.34. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week high of $211.47.

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.