Mowery & Schoenfeld Wealth Management LLC Buys 8,403 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Mowery & Schoenfeld Wealth Management LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 39.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,852 shares of the company’s stock after buying an additional 8,403 shares during the period. Fidelity MSCI Information Technology Index ETF makes up 9.7% of Mowery & Schoenfeld Wealth Management LLC’s investment portfolio, making the stock its biggest position. Mowery & Schoenfeld Wealth Management LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $6,707,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Financial Life Planners acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $25,000. Bessemer Group Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $26,000. Wealth Watch Advisors INC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $30,000. Strategic Advocates LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $31,000. Finally, First Horizon Corp acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth $34,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC opened at $242.41 on Friday. The firm has a market cap of $17.57 billion, a P/E ratio of 35.45 and a beta of 1.26. Fidelity MSCI Information Technology Index ETF has a 52-week low of $155.56 and a 52-week high of $245.87. The business’s fifty day moving average is $219.50 and its 200-day moving average is $223.66.

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.