Calamos Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 2,400 shares of the company’s stock, valued at approximately $499,000.
A number of other hedge funds have also recently modified their holdings of FTEC. Wealth Watch Advisors INC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $30,000. Elyxium Wealth LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $37,000. SouthState Bank Corp bought a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $50,000. Strategic Advocates LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 76.4% in the fourth quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock worth $56,000 after buying an additional 107 shares in the last quarter. Finally, MidFirst Bank purchased a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $73,000.
Fidelity MSCI Information Technology Index ETF Trading Down 1.0%
NYSEARCA FTEC opened at $270.13 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $300.79. The company has a fifty day simple moving average of $278.65 and a two-hundred day simple moving average of $243.53. The stock has a market cap of $19.83 billion, a P/E ratio of 35.45 and a beta of 1.34.
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.
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Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
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