Applied Capital LLC Purchases Shares of 3,006 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Applied Capital LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,006 shares of the company’s stock, valued at approximately $485,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth about $26,000. Wood Tarver Financial Group LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $29,000. Bellwether Advisors LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $40,000. Promus Capital LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $41,000. Finally, McIlrath & Eck LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 131.0% in the 4th quarter. McIlrath & Eck LLC now owns 231 shares of the company’s stock valued at $43,000 after purchasing an additional 131 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.6%

Shares of FTEC stock opened at $186.53 on Friday. The business’s 50 day moving average is $173.56 and its two-hundred day moving average is $177.06. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $193.06. The company has a market capitalization of $13.32 billion, a P/E ratio of 33.64 and a beta of 1.24.

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.