Sigma Planning Corp Acquires 2,819 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Sigma Planning Corp lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,046 shares of the company’s stock after acquiring an additional 2,819 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTEC. Aptus Capital Advisors LLC grew its stake in 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 worth $29,000 after purchasing an additional 68 shares during the period. Fifth Third Bancorp bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $37,000. 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. Sound Income Strategies LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 146.7% during the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after acquiring an additional 157 shares in the last quarter. Finally, Harbor Investment Advisory LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $69,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC opened at $185.65 on Friday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $193.06. The business has a fifty day moving average price of $187.23 and a 200-day moving average price of $179.36. The company has a market capitalization of $11.57 billion, a PE ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF 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.