Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Sees Large Volume Increase – Here’s What Happened

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECGet Free Report) saw an uptick in trading volume on Tuesday . 1,010,872 shares were traded during trading, an increase of 188% from the previous session’s volume of 350,629 shares.The stock last traded at $170.44 and had previously closed at $172.23.

Fidelity MSCI Information Technology Index ETF Trading Down 0.2 %

The firm’s 50-day moving average price is $185.89 and its 200-day moving average price is $180.60. The stock has a market capitalization of $12.51 billion, a PE ratio of 36.37 and a beta of 1.15.

Institutional Trading of Fidelity MSCI Information Technology Index ETF

Hedge funds have recently made changes to their positions in the business. US Bancorp DE grew its holdings in Fidelity MSCI Information Technology Index ETF by 670.2% during the 3rd quarter. US Bancorp DE now owns 1,317 shares of the company’s stock valued at $230,000 after purchasing an additional 1,146 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 45.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,683 shares of the company’s stock valued at $294,000 after purchasing an additional 529 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 37.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,569 shares of the company’s stock valued at $3,415,000 after purchasing an additional 5,322 shares during the last quarter. Cary Street Partners Asset Management LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $923,000. Finally, ASB Consultores LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $956,000.

About Fidelity MSCI Information Technology Index ETF

(Get 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.

See Also

Receive News & Ratings for Fidelity MSCI Information Technology Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Information Technology Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.