Client 1ST Advisory Group LLC Makes New $1.51 Million Investment in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Client 1ST Advisory Group LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,187 shares of the company’s stock, valued at approximately $1,514,000. Fidelity MSCI Information Technology Index ETF makes up about 0.6% of Client 1ST Advisory Group LLC’s holdings, making the stock its 23rd biggest holding.

Other hedge funds have also modified their holdings of the company. Ameritas Advisory Services LLC raised its stake in shares of Fidelity MSCI Information Technology Index ETF by 14.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 18,416 shares of the company’s stock valued at $3,405,000 after purchasing an additional 2,278 shares during the period. Arkadios Wealth Advisors grew its holdings in Fidelity MSCI Information Technology Index ETF by 140.4% during the 4th quarter. Arkadios Wealth Advisors now owns 13,266 shares of the company’s stock valued at $2,453,000 after purchasing an additional 7,747 shares in the last quarter. Selective Wealth Management Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 10.5% during the 4th quarter. Selective Wealth Management Inc. now owns 1,422 shares of the company’s stock worth $258,000 after buying an additional 135 shares during the period. Merit Financial Group LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth $322,000. Finally, Grant GrossMendelsohn LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 1,377.9% in the 4th quarter. Grant GrossMendelsohn LLC now owns 18,592 shares of the company’s stock valued at $3,437,000 after buying an additional 17,334 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $186.76 on Monday. Fidelity MSCI Information Technology Index ETF has a 1-year low of $142.12 and a 1-year high of $192.96. The company has a market capitalization of $11.64 billion, a PE ratio of 37.14 and a beta of 1.41. The business has a 50-day moving average of $186.58 and a 200-day moving average of $176.91.

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.