Montis Financial LLC Invests $206,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Montis Financial LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,178 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTEC. Chicago Partners Investment Group LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 20,367 shares of the company’s stock valued at $3,070,000 after buying an additional 1,123 shares during the period. Integrated Advisors Network LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 38.0% during the 4th quarter. Integrated Advisors Network LLC now owns 13,868 shares of the company’s stock worth $1,992,000 after acquiring an additional 3,819 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 11.4% in the 4th quarter. Centaurus Financial Inc. now owns 1,469 shares of the company’s stock valued at $211,000 after purchasing an additional 150 shares during the last quarter. Northwest Bank & Trust Co acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $238,000. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $34,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $178.65 on Friday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $118.39 and a 12 month high of $181.11. The firm has a market capitalization of $11.13 billion, a PE ratio of 37.14 and a beta of 1.41. The business’s fifty day moving average price is $168.45 and its 200 day moving average price is $164.26.

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.