Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $158.82 and last traded at $158.79, with a volume of 33689 shares. The stock had previously closed at $157.55.
Fidelity MSCI Information Technology Index ETF Stock Performance
The stock has a market capitalization of $8.64 billion, a PE ratio of 22.84 and a beta of 1.16. The business’s 50-day moving average is $148.94 and its two-hundred day moving average is $137.26.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in Fidelity MSCI Information Technology Index ETF by 0.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,377,081 shares of the company’s stock worth $415,145,000 after purchasing an additional 28,673 shares during the period. Lido Advisors LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 9.3% in the third quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock valued at $203,154,000 after buying an additional 141,104 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 827,618 shares of the company’s stock valued at $101,739,000 after buying an additional 10,598 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Fidelity MSCI Information Technology Index ETF by 16.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 419,820 shares of the company’s stock worth $60,303,000 after acquiring an additional 59,879 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $33,181,000.
Fidelity MSCI Information Technology Index ETF Company Profile
(Get Free Report)
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.
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