Gaddis Premier Wealth Advisors LLC Invests $521,000 in Fidelity MSCI Information Technology Index ETF $FTEC

Gaddis Premier Wealth Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 2,321 shares of the company’s stock, valued at approximately $521,000.

Other institutional investors have also recently made changes to their positions in the company. SteelPeak Wealth LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock worth $24,202,000 after acquiring an additional 104,830 shares in the last quarter. TABR Capital Management LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $1,710,000. PFG Advisors bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $22,364,000. Perennial Investment Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $580,000. Finally, Certified Advisory Corp raised its position in shares of Fidelity MSCI Information Technology Index ETF by 237.4% in the 3rd quarter. Certified Advisory Corp now owns 6,910 shares of the company’s stock worth $1,535,000 after acquiring an additional 4,862 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of NYSEARCA:FTEC opened at $280.09 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 52-week low of $184.88 and a 52-week high of $300.79. The firm has a market capitalization of $20.36 billion, a P/E ratio of 35.45 and a beta of 1.34. The stock has a 50 day moving average price of $252.39 and a 200-day moving average price of $232.75.

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.