Sigma Planning Corp Raises Stock Holdings in 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 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,046 shares of the company’s stock after purchasing 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Aptus Capital Advisors LLC boosted 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 buying an additional 68 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $37,000. Newbridge Financial Services Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $48,000. Sound Income Strategies LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 146.7% in the fourth quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after purchasing an additional 157 shares during the last quarter. Finally, Harbor Investment Advisory LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $69,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC stock opened at $185.65 on Friday. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $142.12 and a fifty-two week high of $193.06. The stock has a 50 day moving average price of $187.23 and a two-hundred day moving average price of $179.36. The company has a market capitalization of $11.57 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.