Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC grew its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 13.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,685 shares of the company’s stock after purchasing an additional 198 shares during the period. Global Retirement Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $312,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC increased its position in shares of Fidelity MSCI Information Technology Index ETF by 13.9% during the fourth quarter. Kestra Investment Management LLC now owns 192,219 shares of the company’s stock worth $35,538,000 after acquiring an additional 23,449 shares during the period. Venturi Wealth Management LLC grew its stake in Fidelity MSCI Information Technology Index ETF by 300.5% during the 4th quarter. Venturi Wealth Management LLC now owns 3,060 shares of the company’s stock worth $566,000 after purchasing an additional 2,296 shares in the last quarter. Truist Financial Corp increased its holdings in Fidelity MSCI Information Technology Index ETF by 0.8% during the 4th quarter. Truist Financial Corp now owns 8,150 shares of the company’s stock worth $1,507,000 after purchasing an additional 68 shares during the period. J.W. Cole Advisors Inc. raised its position in Fidelity MSCI Information Technology Index ETF by 8.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 37,697 shares of the company’s stock valued at $6,969,000 after purchasing an additional 2,827 shares in the last quarter. Finally, Csenge Advisory Group boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 207.1% in the 4th quarter. Csenge Advisory Group now owns 4,856 shares of the company’s stock valued at $898,000 after buying an additional 3,275 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $182.94 on Tuesday. The business has a 50-day simple moving average of $186.94 and a 200-day simple moving average of $180.12. 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 $11.40 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.