Northwest Wealth Advisors LLC Has $4.46 Million Position in Fidelity MSCI Information Technology Index ETF $FTEC

Northwest Wealth Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 17.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 21,463 shares of the company’s stock after buying an additional 3,193 shares during the period. Fidelity MSCI Information Technology Index ETF comprises about 3.2% of Northwest Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. Northwest Wealth Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $4,465,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Financial Life Planners bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $25,000. Wealth Watch Advisors INC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $30,000. Strategic Advocates LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $31,000. Elyxium Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $37,000. Finally, SouthState Bank Corp bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $50,000.

Fidelity MSCI Information Technology Index ETF Price Performance

FTEC traded down $6.99 on Tuesday, hitting $271.02. The company had a trading volume of 112,808 shares, compared to its average volume of 418,141. The company’s fifty day moving average price is $274.50 and its 200 day moving average price is $240.43. Fidelity MSCI Information Technology Index ETF has a 1-year low of $197.63 and a 1-year high of $300.79. The stock has a market cap of $19.89 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

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.