Fidelity MSCI Information Technology Index ETF $FTEC Shares Bought by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. grew its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 15.4% in the 3rd quarter, Holdings Channel reports. The fund owned 69,255 shares of the company’s stock after purchasing an additional 9,228 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 7.3% of Yoder Wealth Management Inc.’s portfolio, making the stock its biggest holding. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $15,386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 8.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 718,643 shares of the company’s stock valued at $159,661,000 after purchasing an additional 58,076 shares during the period. Global Retirement Partners LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 2.9% during the third quarter. Global Retirement Partners LLC now owns 1,892 shares of the company’s stock valued at $420,000 after buying an additional 54 shares during the last quarter. American National Bank & Trust raised its position in shares of Fidelity MSCI Information Technology Index ETF by 180.9% during the third quarter. American National Bank & Trust now owns 8,685 shares of the company’s stock valued at $1,930,000 after buying an additional 5,593 shares during the last quarter. Applied Capital LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 7.7% in the third quarter. Applied Capital LLC now owns 4,681 shares of the company’s stock valued at $1,040,000 after buying an additional 336 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth about $442,000.

Fidelity MSCI Information Technology Index ETF Stock Up 0.1%

Shares of FTEC opened at $228.73 on Friday. The stock’s 50-day moving average price is $226.99 and its 200 day moving average price is $214.33. The firm has a market capitalization of $16.81 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a 12-month low of $134.11 and a 12-month high of $240.25.

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.