B. Riley Wealth Advisors Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,545 shares of the company’s stock, valued at approximately $202,000.
Other institutional investors have also modified their holdings of the company. Belpointe Asset Management LLC grew its position in Fidelity MSCI Information Technology Index ETF by 1.5% in the 1st quarter. Belpointe Asset Management LLC now owns 6,600 shares of the company’s stock valued at $752,000 after buying an additional 97 shares during the last quarter. Dakota Wealth Management grew its position in Fidelity MSCI Information Technology Index ETF by 1.5% in the 1st quarter. Dakota Wealth Management now owns 6,704 shares of the company’s stock valued at $764,000 after buying an additional 100 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 0.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 28,137 shares of the company’s stock valued at $3,206,000 after buying an additional 104 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 1.1% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,956 shares of the company’s stock valued at $1,134,000 after buying an additional 108 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 6.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,796 shares of the company’s stock valued at $221,000 after buying an additional 109 shares during the last quarter.
Fidelity MSCI Information Technology Index ETF Price Performance
NYSEARCA:FTEC opened at $122.85 on Wednesday. The firm’s fifty day moving average price is $126.05 and its 200 day moving average price is $124.30. Fidelity MSCI Information Technology Index ETF has a 1-year low of $89.86 and a 1-year high of $136.75. The firm has a market cap of $6.85 billion, a price-to-earnings ratio of 22.84 and a beta of 1.16.
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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