Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $192.43 and last traded at $192.35, with a volume of 167983 shares. The stock had previously closed at $190.53.
Fidelity MSCI Information Technology Index ETF Stock Performance
The business has a fifty day simple moving average of $182.35 and a 200 day simple moving average of $173.68. The stock has a market cap of $12.01 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.
Institutional Trading of Fidelity MSCI Information Technology Index ETF
Several hedge funds and other institutional investors have recently bought and sold shares of FTEC. Aptus Capital Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $32,000. Strategic Financial Concepts LLC acquired a new position in Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $43,000. McClarren Financial Advisors Inc. raised its stake in Fidelity MSCI Information Technology Index ETF by 851.9% during the second quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock worth $88,000 after purchasing an additional 460 shares during the period. Finally, Voisard Asset Management Group Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $89,000.
About Fidelity MSCI Information Technology Index ETF
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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