30,473 Shares of Fidelity MSCI Information Technology Index ETF $FTEC Bought by Sigma Planning Corp

Sigma Planning Corp bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 30,473 shares of the company’s stock, valued at approximately $9,144,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Lido Advisors LLC increased its position in Fidelity MSCI Information Technology Index ETF by 3.6% during the first quarter. Lido Advisors LLC now owns 2,175,818 shares of the company’s stock worth $452,679,000 after buying an additional 75,631 shares during the period. Independence Financial Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6.6% in the third quarter. Independence Financial Advisors LLC now owns 150,522 shares of the company’s stock valued at $45,166,000 after acquiring an additional 9,259 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 6.1% in the first quarter. Kestra Advisory Services LLC now owns 183,454 shares of the company’s stock valued at $38,168,000 after acquiring an additional 10,516 shares during the period. SteelPeak Wealth LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 2,389.5% in the third quarter. SteelPeak Wealth LLC now owns 85,540 shares of the company’s stock valued at $25,667,000 after acquiring an additional 82,104 shares during the period. Finally, Morningstar Investment Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 24.0% during the first quarter. Morningstar Investment Management LLC now owns 117,953 shares of the company’s stock worth $24,540,000 after acquiring an additional 22,808 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $284.35 on Monday. The company’s 50 day simple moving average is $292.03 and its 200-day simple moving average is $277.47. The firm has a market cap of $21.13 billion, a PE ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a 12-month low of $198.17 and a 12-month high of $311.83.

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.