Fidelity MSCI Information Technology Index ETF $FTEC Holdings Boosted by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. raised its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 13.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,083 shares of the company’s stock after purchasing an additional 11,440 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for 9.3% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its biggest holding. Yoder Wealth Management Inc. owned about 0.14% of Fidelity MSCI Information Technology Index ETF worth $20,406,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Financial Life Planners acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the third quarter worth $25,000. Wealth Watch Advisors INC acquired a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at $30,000. Strategic Advocates LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $31,000. Elyxium Wealth LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $37,000. Finally, SouthState Bank Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth about $50,000.

Fidelity MSCI Information Technology Index ETF Trading Down 1.2%

Shares of NYSEARCA FTEC opened at $272.48 on Friday. Fidelity MSCI Information Technology Index ETF has a one year low of $193.87 and a one year high of $300.79. The business has a 50-day moving average price of $270.05 and a two-hundred day moving average price of $238.23. The firm has a market capitalization of $19.81 billion, a PE ratio of 35.45 and a beta of 1.34.

About Fidelity MSCI Information Technology Index ETF

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.