Ashton Thomas Private Wealth LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,111 shares of the company’s stock, valued at approximately $945,000.
A number of other hedge funds have also recently added to or reduced their stakes in FTEC. Aptus Capital Advisors LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $37,000. Promus Capital LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $41,000. Mainstream Capital Management LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $44,000. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $48,000.
Fidelity MSCI Information Technology Index ETF Stock Performance
FTEC stock opened at $171.05 on Monday. The company has a fifty day moving average price of $184.33 and a 200-day moving average price of $180.59. The company has a market capitalization of $12.45 billion, a P/E ratio of 36.37 and a beta of 1.15. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week high of $193.06.
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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