Howard Financial Services LTD. Buys New Position in Fidelity MSCI Information Technology Index ETF $FTEC

Howard Financial Services LTD. bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,340 shares of the company’s stock, valued at approximately $668,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Eley Financial Management Inc lifted its holdings in Fidelity MSCI Information Technology Index ETF by 0.3% in the 1st quarter. Eley Financial Management Inc now owns 15,409 shares of the company’s stock valued at $3,206,000 after acquiring an additional 41 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.1% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 969 shares of the company’s stock worth $202,000 after purchasing an additional 47 shares during the last quarter. Founders Financial Alliance LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 2.0% in the 4th quarter. Founders Financial Alliance LLC now owns 2,487 shares of the company’s stock worth $559,000 after purchasing an additional 49 shares during the last quarter. Smithfield Trust Co raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2.1% in the 4th quarter. Smithfield Trust Co now owns 2,425 shares of the company’s stock worth $544,000 after purchasing an additional 50 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 5.3% in the 4th quarter. Main Street Financial Solutions LLC now owns 1,087 shares of the company’s stock worth $244,000 after purchasing an additional 55 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC stock opened at $286.77 on Wednesday. The firm has a market cap of $21.08 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12 month low of $198.17 and a 12 month high of $300.79. The firm has a 50 day simple moving average of $278.49 and a 200 day simple moving average of $247.46.

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.