Zinnia Wealth Advisory LLC Purchases New Shares in Fidelity MSCI Information Technology Index ETF $FTEC

Zinnia Wealth Advisory LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 2,459 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6,087.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 479,401 shares of the company’s stock valued at $106,504,000 after buying an additional 471,653 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Fidelity MSCI Information Technology Index ETF by 129.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 700,423 shares of the company’s stock worth $157,364,000 after buying an additional 394,739 shares during the last quarter. Vicus Capital increased its position in Fidelity MSCI Information Technology Index ETF by 2,666.4% in the 4th quarter. Vicus Capital now owns 112,649 shares of the company’s stock valued at $25,309,000 after acquiring an additional 108,577 shares during the period. SteelPeak Wealth LLC increased its position in Fidelity MSCI Information Technology Index ETF by 3,622.3% in the 4th quarter. SteelPeak Wealth LLC now owns 107,724 shares of the company’s stock valued at $24,202,000 after acquiring an additional 104,830 shares during the period. Finally, PFG Advisors purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $22,364,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $278.92 on Monday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $184.88 and a twelve month high of $300.79. The stock has a 50 day moving average of $257.95 and a two-hundred day moving average of $234.38. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

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.