15,583 Shares of Fidelity MSCI Information Technology Index ETF $FTEC Bought by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,583 shares of the company’s stock, valued at approximately $4,676,000. Fidelity MSCI Information Technology Index ETF comprises 1.4% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 11th biggest position.

Several other hedge funds have also made changes to their positions in FTEC. Barrett & Company Inc. acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth approximately $29,000. McCarley & Cook Financial Planners purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $31,000. Highland Investment Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $40,000. Valley National Advisers Inc. acquired a new position in Fidelity MSCI Information Technology Index ETF in the third quarter valued at approximately $53,000. Finally, Continuum Advisory LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $66,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $284.35 on Monday. The firm has a market capitalization of $21.13 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $198.17 and a fifty-two week high of $311.83. The stock has a 50 day moving average of $292.03 and a 200 day moving average of $277.47.

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.