Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by Investors Research Corp

Investors Research Corp lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.4% during the fourth quarter, HoldingsChannel reports. The fund owned 5,890 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Investors Research Corp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,089,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in Fidelity MSCI Information Technology Index ETF by 670.2% in the third quarter. US Bancorp DE now owns 1,317 shares of the company’s stock valued at $230,000 after acquiring an additional 1,146 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 37.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,569 shares of the company’s stock worth $3,415,000 after acquiring an additional 5,322 shares in the last quarter. Assetmark Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 158.6% in the 3rd quarter. Assetmark Inc. now owns 613 shares of the company’s stock worth $107,000 after acquiring an additional 376 shares during the period. Atria Investments Inc increased its stake in Fidelity MSCI Information Technology Index ETF by 136.8% in the 3rd quarter. Atria Investments Inc now owns 25,848 shares of the company’s stock valued at $4,510,000 after purchasing an additional 14,933 shares in the last quarter. Finally, Sigma Planning Corp raised its holdings in Fidelity MSCI Information Technology Index ETF by 12.0% during the third quarter. Sigma Planning Corp now owns 28,227 shares of the company’s stock worth $4,926,000 after purchasing an additional 3,032 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC opened at $171.05 on Monday. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $193.06. The company has a market cap of $12.45 billion, a price-to-earnings ratio of 36.37 and a beta of 1.15. The business’s fifty day moving average is $184.33 and its two-hundred day moving average is $180.59.

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.