Valley Brook Capital Group Inc. Boosts Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Valley Brook Capital Group Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,173 shares of the company’s stock after purchasing an additional 95 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. CHURCHILL MANAGEMENT Corp lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 0.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after buying an additional 7,974 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock valued at $1,415,280,000 after purchasing an additional 809,315 shares during the period. SteelPeak Wealth LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $53,085,000. Kestra Investment Management LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 24.4% during the 3rd quarter. Kestra Investment Management LLC now owns 168,770 shares of the company’s stock valued at $29,450,000 after purchasing an additional 33,071 shares during the period. Finally, FMR LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the 3rd quarter. FMR LLC now owns 159,393 shares of the company’s stock valued at $27,814,000 after purchasing an additional 5,739 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 0.2 %

Shares of NYSEARCA FTEC opened at $186.85 on Wednesday. The firm has a market capitalization of $11.64 billion, a P/E ratio of 37.14 and a beta of 1.41. The stock’s 50-day simple moving average is $187.29 and its two-hundred day simple moving average is $178.15. Fidelity MSCI Information Technology Index ETF has a twelve month low of $142.12 and a twelve month high of $193.06.

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.