Focus Partners Advisor Solutions LLC Invests $361,000 in Fidelity MSCI Information Technology Index ETF $FTEC

Focus Partners Advisor Solutions LLC purchased a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the second quarter, Holdings Channel reports. The fund purchased 1,830 shares of the company’s stock, valued at approximately $361,000.

Other large investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 1st quarter worth approximately $374,000. PNC Financial Services Group Inc. increased its stake in Fidelity MSCI Information Technology Index ETF by 11.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the company’s stock worth $273,000 after purchasing an additional 176 shares during the period. AE Wealth Management LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 12.0% in the 1st quarter. AE Wealth Management LLC now owns 3,091 shares of the company’s stock worth $499,000 after purchasing an additional 330 shares during the period. CWM LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 36.8% in the 2nd quarter. CWM LLC now owns 6,392 shares of the company’s stock worth $1,261,000 after purchasing an additional 1,719 shares during the period. Finally, Private Advisor Group LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 1.7% in the 1st quarter. Private Advisor Group LLC now owns 13,881 shares of the company’s stock worth $2,239,000 after purchasing an additional 238 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $235.80 on Friday. The business’s 50 day simple moving average is $219.55 and its two-hundred day simple moving average is $198.56. The stock has a market capitalization of $17.33 billion, a P/E ratio of 35.45 and a beta of 1.24. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $240.25.

Fidelity MSCI Information Technology Index ETF 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.