Atlanta Consulting Group Advisors LLC Invests $298,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Atlanta Consulting Group Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,614 shares of the company’s stock, valued at approximately $298,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the last quarter. Truist Financial Corp boosted its holdings in Fidelity MSCI Information Technology Index ETF by 0.8% in the fourth quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock valued at $1,507,000 after acquiring an additional 68 shares during the last quarter. Accelerate Investment Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 7.6% in the fourth quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after acquiring an additional 94 shares during the last quarter. Valley Brook Capital Group Inc. boosted its holdings in Fidelity MSCI Information Technology Index ETF by 4.6% in the fourth quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock valued at $402,000 after acquiring an additional 95 shares during the last quarter. Finally, Financial Perspectives Inc boosted its holdings in Fidelity MSCI Information Technology Index ETF by 0.4% in the fourth quarter. Financial Perspectives Inc now owns 27,749 shares of the company’s stock valued at $5,130,000 after acquiring an additional 97 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $167.55 on Monday. The business’s 50 day simple moving average is $182.18 and its 200 day simple moving average is $180.36. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The stock has a market capitalization of $11.83 billion, a PE ratio of 33.25 and a beta of 1.17.

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.