Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Purchased by Smith Salley Wealth Management

Smith Salley Wealth Management raised its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.1% in the third quarter, HoldingsChannel reports. The fund owned 46,643 shares of the company’s stock after purchasing an additional 1,398 shares during the period. Smith Salley Wealth Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $8,139,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of FTEC. WealthShield Partners LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 2.2% during the 2nd quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock valued at $579,000 after acquiring an additional 73 shares during the period. Fifth Third Securities Inc. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 3.7% during the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock valued at $370,000 after acquiring an additional 76 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 2.4% in the second quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock valued at $598,000 after acquiring an additional 81 shares in the last quarter. Liberty Wealth Management LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.7% in the second quarter. Liberty Wealth Management LLC now owns 5,412 shares of the company’s stock worth $928,000 after acquiring an additional 93 shares during the last quarter. Finally, Valley Brook Capital Group Inc. raised its stake in Fidelity MSCI Information Technology Index ETF by 5.2% in the 2nd quarter. Valley Brook Capital Group Inc. now owns 2,025 shares of the company’s stock valued at $347,000 after purchasing an additional 100 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 0.5 %

Fidelity MSCI Information Technology Index ETF stock opened at $179.09 on Friday. The company has a fifty day simple moving average of $172.08 and a 200-day simple moving average of $166.02. The firm has a market capitalization of $11.16 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 52-week low of $118.39 and a 52-week high of $181.49.

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.