Financial Freedom LLC Increases Stock Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Financial Freedom LLC increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,562 shares of the company’s stock after purchasing an additional 204 shares during the quarter. Financial Freedom LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $844,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FTEC. Aptus Capital Advisors LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter valued at $32,000. Voisard Asset Management Group Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $89,000. FSA Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $90,000. Finally, Assetmark Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 158.6% in the third quarter. Assetmark Inc. now owns 613 shares of the company’s stock valued at $107,000 after acquiring an additional 376 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC opened at $186.76 on Monday. The stock has a market capitalization of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s fifty day moving average price is $186.58 and its 200 day moving average price is $176.91. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $192.96.

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.