2,457 Shares of Fidelity MSCI Information Technology Index ETF $FTEC Bought by StoneX Group Inc.

StoneX Group Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,457 shares of the company’s stock, valued at approximately $711,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Concurrent Investment Advisors LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter worth approximately $1,309,000. Succession Financial Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at approximately $3,414,000. NewEdge Advisors LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 5.0% in the second quarter. NewEdge Advisors LLC now owns 36,762 shares of the company’s stock worth $10,498,000 after acquiring an additional 1,744 shares in the last quarter. IPG Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter worth $2,353,000. Finally, Marotta Asset Management increased its position in shares of Fidelity MSCI Information Technology Index ETF by 4.8% during the third quarter. Marotta Asset Management now owns 75,679 shares of the company’s stock worth $22,708,000 after acquiring an additional 3,494 shares during the period.

Fidelity MSCI Information Technology Index ETF Trading Down 1.3%

Shares of NYSEARCA FTEC opened at $263.80 on Wednesday. The business’s fifty day simple moving average is $289.90 and its 200-day simple moving average is $262.31. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83. The stock has a market cap of $19.75 billion, a P/E ratio of 27.55 and a beta of 1.37.

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.