PUREfi Wealth LLC Invests $835,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

PUREfi Wealth LLC purchased a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,515 shares of the company’s stock, valued at approximately $835,000. Fidelity MSCI Information Technology Index ETF comprises about 0.8% of PUREfi Wealth LLC’s holdings, making the stock its 23rd biggest position.

A number of other large investors also recently modified their holdings of FTEC. Blue Trust Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $295,000. Chevy Chase Trust Holdings LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $352,000. Campbell Wealth Management bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $220,000. Vicus Capital lifted its position in Fidelity MSCI Information Technology Index ETF by 3.3% in the 4th quarter. Vicus Capital now owns 114,245 shares of the company’s stock valued at $21,122,000 after purchasing an additional 3,661 shares during the last quarter. Finally, Palacios Wealth Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $1,065,000.

Fidelity MSCI Information Technology Index ETF Trading Up 0.4 %

FTEC stock opened at $190.25 on Friday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $142.12 and a 52 week high of $193.06. The company has a market capitalization of $11.85 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm’s 50-day moving average is $187.14 and its two-hundred day moving average is $178.43.

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.