Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Shares Bought by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 3.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,445 shares of the company’s stock after acquiring an additional 880 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up 2.9% of Yoder Wealth Management Inc.’s holdings, making the stock its 9th largest holding. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,433,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of FTEC. CHURCHILL MANAGEMENT Corp purchased a new position in Fidelity MSCI Information Technology Index ETF during the first quarter valued at approximately $196,694,000. International Assets Investment Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $33,181,000. Lido Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 9.3% during the third quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after acquiring an additional 141,104 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $9,538,000. Finally, Envestnet Asset Management Inc. grew its stake in Fidelity MSCI Information Technology Index ETF by 16.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 419,820 shares of the company’s stock valued at $60,303,000 after purchasing an additional 59,879 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock traded up $1.93 during trading on Wednesday, reaching $176.25. The company had a trading volume of 142,716 shares, compared to its average volume of 239,528. The company has a market capitalization of $10.98 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s 50 day simple moving average is $161.50 and its two-hundred day simple moving average is $153.95. Fidelity MSCI Information Technology Index ETF has a one year low of $118.39 and a one year high of $176.34.

Fidelity MSCI Information Technology Index ETF Company 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.