Crane Advisory LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 1,089 shares of the company’s stock, valued at approximately $205,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of FTEC. Madison Wealth Partners Inc purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth about $250,000. WCG Wealth Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 11.8% in the 2nd quarter. WCG Wealth Advisors LLC now owns 20,554 shares of the company’s stock worth $3,525,000 after purchasing an additional 2,163 shares in the last quarter. Brighton Jones LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 1.8% in the 2nd quarter. Brighton Jones LLC now owns 16,615 shares of the company’s stock valued at $2,850,000 after purchasing an additional 288 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF by 6.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 13,308 shares of the company’s stock valued at $2,283,000 after purchasing an additional 778 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth $32,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
Shares of FTEC stock opened at $180.88 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $140.72 and a 52-week high of $192.96. The business’s fifty day moving average is $186.45 and its 200 day moving average is $176.61. The company has a market capitalization of $11.27 billion, a PE ratio of 37.14 and a beta of 1.41.
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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