Strategic Financial Concepts LLC Makes New Investment in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Strategic Financial Concepts LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,102 shares of the company’s stock, valued at approximately $5,195,000.

Other large investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC boosted its stake in shares of 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 valued at $29,000 after buying an additional 68 shares during the period. Fifth Third Bancorp bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $37,000. Sound Income Strategies LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 146.7% during the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after acquiring an additional 157 shares during the period. Harbor Investment Advisory LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $69,000. Finally, Voisard Asset Management Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $89,000.

Fidelity MSCI Information Technology Index ETF Stock Down 0.9 %

FTEC stock opened at $184.75 on Monday. The company has a market cap of $11.51 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The business has a 50-day simple moving average of $187.29 and a 200 day simple moving average of $177.92.

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.