Selective Wealth Management Inc. Acquires 135 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Selective Wealth Management Inc. increased its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,422 shares of the company’s stock after acquiring an additional 135 shares during the quarter. Selective Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $258,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Aptus Capital Advisors LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the period. EverSource Wealth Advisors LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $32,000. Voisard Asset Management Group Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $89,000. FSA Wealth Management LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth approximately $90,000. Finally, Assetmark Inc. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 158.6% during the 3rd quarter. Assetmark Inc. now owns 613 shares of the company’s stock worth $107,000 after purchasing an additional 376 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Up 1.5 %

Shares of NYSEARCA FTEC opened at $186.76 on Friday. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one year low of $142.12 and a one year high of $192.96. The business has a fifty day simple moving average of $186.58 and a 200 day simple moving average of $176.88.

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.