2,165 Shares in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Purchased by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, Holdings Channel reports. The fund purchased 2,165 shares of the company’s stock, valued at approximately $400,000.

Several other large investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $26,000. Fifth Third Bancorp bought a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at $37,000. Promus Capital LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth $41,000. Mainstream Capital Management LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the fourth quarter worth $44,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at $48,000.

Fidelity MSCI Information Technology Index ETF Stock Down 2.6 %

Fidelity MSCI Information Technology Index ETF stock opened at $161.51 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $142.12 and a 12-month high of $193.06. The stock has a 50-day simple moving average of $178.66 and a 200 day simple moving average of $180.35. The stock has a market capitalization of $11.40 billion, a price-to-earnings ratio of 33.25 and a beta of 1.17.

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.