Financial Perspectives Inc Buys 312 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Financial Perspectives Inc lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,454 shares of the company’s stock after acquiring an additional 312 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up 1.7% of Financial Perspectives Inc’s holdings, making the stock its 16th biggest holding. Financial Perspectives Inc’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. WBH Advisory Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth about $329,000. Madison Wealth Partners Inc raised its position in shares of Fidelity MSCI Information Technology Index ETF by 85.6% during the second quarter. Madison Wealth Partners Inc now owns 2,953 shares of the company’s stock worth $582,000 after acquiring an additional 1,362 shares during the last quarter. Swmg LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 16.4% during the second quarter. Swmg LLC now owns 1,716 shares of the company’s stock worth $354,000 after acquiring an additional 242 shares during the last quarter. Primoris Wealth Advisors LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 12.7% during the second quarter. Primoris Wealth Advisors LLC now owns 34,168 shares of the company’s stock worth $6,739,000 after acquiring an additional 3,856 shares during the last quarter. Finally, Horst & Graben Wealth Management LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter worth about $207,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC opened at $223.93 on Monday. The company has a market capitalization of $16.35 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. The business has a 50-day moving average of $215.22 and a 200-day moving average of $193.71. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $229.78.

Fidelity MSCI Information Technology Index ETF 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.