Smith Shellnut Wilson LLC ADV Purchases 525 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Smith Shellnut Wilson LLC ADV grew its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 15,449 shares of the company’s stock after buying an additional 525 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises about 1.3% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 14th largest position. Smith Shellnut Wilson LLC ADV’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sound Income Strategies LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 20.8% during the second quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock valued at $63,000 after acquiring an additional 55 shares during the last quarter. LJI Wealth Management LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.2% during the second quarter. LJI Wealth Management LLC now owns 2,915 shares of the company’s stock valued at $575,000 after acquiring an additional 63 shares during the last quarter. OMNI 360 Wealth Inc. raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% during the second quarter. OMNI 360 Wealth Inc. now owns 1,899 shares of the company’s stock valued at $374,000 after acquiring an additional 66 shares during the last quarter. RFG Advisory LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.8% during the second quarter. RFG Advisory LLC now owns 8,804 shares of the company’s stock valued at $1,736,000 after acquiring an additional 71 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 19,433 shares of the company’s stock valued at $3,264,000 after acquiring an additional 74 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 0.3%

Shares of NYSEARCA:FTEC opened at $236.46 on Friday. The company has a market cap of $17.38 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. The company has a 50-day moving average price of $220.15 and a 200-day moving average price of $199.42. Fidelity MSCI Information Technology Index ETF has a 12 month low of $134.11 and a 12 month high of $240.25.

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.