Root Financial Partners LLC Purchases Shares of 1,189 Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Root Financial Partners LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, Holdings Channel reports. The fund acquired 1,189 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors have also made changes to their positions in FTEC. Aptus Capital Advisors LLC raised its position in Fidelity MSCI Information Technology Index ETF by 67.3% in the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares in the last quarter. Capital Advisors Inc. OK grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.0% in the 3rd quarter. Capital Advisors Inc. OK now owns 1,933 shares of the company’s stock valued at $337,000 after purchasing an additional 74 shares during the period. Accelerate Investment Advisors LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock worth $247,000 after buying an additional 94 shares in the last quarter. Valley Brook Capital Group Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 4.6% during the 4th quarter. Valley Brook Capital Group Inc. now owns 2,173 shares of the company’s stock worth $402,000 after buying an additional 95 shares during the period. Finally, Independent Wealth Network Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 5.3% in the fourth quarter. Independent Wealth Network Inc. now owns 1,988 shares of the company’s stock valued at $368,000 after acquiring an additional 100 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $190.25 on Friday. The firm has a market capitalization of $11.85 billion, a P/E ratio of 37.14 and a beta of 1.41. The stock has a fifty day moving average price of $187.14 and a two-hundred day moving average price of $178.43. Fidelity MSCI Information Technology Index ETF has a 52-week low of $142.12 and a 52-week high of $193.06.

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.