Yoder Wealth Management Inc. Has $4.43 Million Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Yoder Wealth Management Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,445 shares of the company’s stock after purchasing an additional 880 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 2.9% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,433,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 42.3% during the first quarter. SeaCrest Wealth Management LLC now owns 4,243 shares of the company’s stock valued at $661,000 after purchasing an additional 1,261 shares in the last quarter. CAP Partners LLC raised its stake in Fidelity MSCI Information Technology Index ETF by 5.1% during the first quarter. CAP Partners LLC now owns 8,147 shares of the company’s stock valued at $1,270,000 after buying an additional 398 shares during the last quarter. Claro Advisors LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the first quarter worth $1,437,000. Diversified Trust Co purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter worth $242,000. Finally, Maltin Wealth Management Inc. grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.7% in the first quarter. Maltin Wealth Management Inc. now owns 15,338 shares of the company’s stock worth $2,390,000 after acquiring an additional 112 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC traded up $1.93 during trading hours on Wednesday, hitting $176.25. The company had a trading volume of 142,716 shares, compared to its average volume of 239,528. The stock has a market capitalization of $10.98 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The firm has a fifty day moving average price of $161.50 and a 200-day moving average price of $153.95. Fidelity MSCI Information Technology Index ETF has a 52-week low of $118.39 and a 52-week high of $176.34.

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.