StoneX Group Inc. Makes New Investment in Fidelity MSCI Information Technology Index ETF $FTEC

StoneX Group Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 2,457 shares of the company’s stock, valued at approximately $711,000.

Other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at $1,309,000. Succession Financial Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter valued at $3,414,000. NewEdge Advisors LLC lifted its holdings in Fidelity MSCI Information Technology Index ETF by 5.0% during the 2nd quarter. NewEdge Advisors LLC now owns 36,762 shares of the company’s stock worth $10,498,000 after buying an additional 1,744 shares during the last quarter. IPG Investment Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth about $2,353,000. Finally, Marotta Asset Management lifted its holdings in Fidelity MSCI Information Technology Index ETF by 4.8% during the 3rd quarter. Marotta Asset Management now owns 75,679 shares of the company’s stock worth $22,708,000 after buying an additional 3,494 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $263.80 on Wednesday. The stock has a 50-day simple moving average of $289.90 and a 200-day simple moving average of $262.31. The stock has a market cap of $19.75 billion, a P/E ratio of 27.55 and a beta of 1.37. Fidelity MSCI Information Technology Index ETF has a 1 year low of $198.17 and a 1 year high of $311.83.

Fidelity MSCI Information Technology Index ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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