18,270 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Bought by Northwest Wealth Advisors LLC

Northwest Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,270 shares of the company’s stock, valued at approximately $4,105,000. Fidelity MSCI Information Technology Index ETF comprises approximately 3.2% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding.

Several other institutional investors have also recently made changes to their positions in FTEC. Global Retirement Partners LLC grew its position in Fidelity MSCI Information Technology Index ETF by 33.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,531 shares of the company’s stock valued at $569,000 after buying an additional 639 shares during the period. Reliant Investment Partners LLC grew its position in Fidelity MSCI Information Technology Index ETF by 3.3% during the fourth quarter. Reliant Investment Partners LLC now owns 17,250 shares of the company’s stock valued at $3,876,000 after buying an additional 553 shares during the period. Fischer Financial Services Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 0.7% during the fourth quarter. Fischer Financial Services Inc. now owns 86,551 shares of the company’s stock valued at $19,445,000 after buying an additional 614 shares during the period. Northbridge Financial Group LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $2,481,000. Finally, Creative Financial Designs Inc. ADV grew its position in Fidelity MSCI Information Technology Index ETF by 5.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,262 shares of the company’s stock valued at $284,000 after buying an additional 67 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Performance

FTEC stock opened at $273.47 on Friday. The firm has a market cap of $19.88 billion, a PE ratio of 35.45 and a beta of 1.31. The firm’s fifty day moving average is $235.12 and its 200 day moving average is $227.87. Fidelity MSCI Information Technology Index ETF has a one year low of $175.39 and a one year high of $275.77.

About Fidelity MSCI Information Technology Index ETF

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.