Wealthfront Advisers LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,812 shares of the company’s stock, valued at approximately $625,000.
A number of other hedge funds have also recently modified their holdings of FTEC. Bessemer Group Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $26,000. AlphaCore Capital LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at approximately $26,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at $32,000. First Horizon Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter worth $34,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $41,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
FTEC opened at $217.95 on Monday. The company has a fifty day moving average of $225.10 and a two-hundred day moving average of $221.12. The stock has a market capitalization of $15.91 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $134.11 and a fifty-two week 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.
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