Sagespring Wealth Partners LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,521 shares of the company’s stock, valued at approximately $281,000.
Several other large investors have also recently bought and sold shares of FTEC. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $26,000. Fifth Third Bancorp acquired a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $37,000. Promus Capital LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $41,000. Mainstream Capital Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at $44,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at $48,000.
Fidelity MSCI Information Technology Index ETF Stock Down 3.4 %
Fidelity MSCI Information Technology Index ETF stock opened at $151.10 on Thursday. The firm has a market capitalization of $10.67 billion, a PE ratio of 32.28 and a beta of 1.23. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $193.06. The firm’s 50-day simple moving average is $168.73 and its 200 day simple moving average is $178.50.
About Fidelity MSCI Information Technology Index ETF
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.
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Want to see what other hedge funds are holding FTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report).
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