Ashurst Perkins Coie Trust Co Purchases New Stake in Fidelity MSCI Information Technology Index ETF $FTEC

Ashurst Perkins Coie Trust Co purchased a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,025 shares of the company’s stock, valued at approximately $908,000.

Other institutional investors have also recently bought and sold shares of the company. Concurrent Investment Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $1,309,000. Succession Financial Inc. bought a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at about $3,414,000. NewEdge Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 5.0% during the second quarter. NewEdge Advisors LLC now owns 36,762 shares of the company’s stock worth $10,498,000 after acquiring an additional 1,744 shares during the last quarter. Jacobs Equity LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $2,794,000. Finally, Sterling Investment Counsel LLC lifted its position in Fidelity MSCI Information Technology Index ETF by 2,538.7% during the first quarter. Sterling Investment Counsel LLC now owns 34,567 shares of the company’s stock worth $7,192,000 after acquiring an additional 33,257 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 2.9%

Shares of NYSEARCA FTEC opened at $293.08 on Thursday. The firm has a market cap of $21.63 billion, a P/E ratio of 35.45 and a beta of 1.34. The business’s 50 day moving average is $292.36 and its 200-day moving average is $273.60. Fidelity MSCI Information Technology Index ETF has a 1-year low of $198.17 and a 1-year high of $311.83.

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.