Fidelity MSCI Information Technology Index ETF $FTEC Shares Newly Bought by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,683 shares of the company’s stock, valued at approximately $1,105,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Barrett & Company Inc. acquired a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter worth $29,000. McCarley & Cook Financial Planners bought a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $31,000. Highland Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at $40,000. Valley National Advisers Inc. acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the third quarter valued at $53,000. Finally, Continuum Advisory LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at $66,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $294.82 on Thursday. The company has a 50-day simple moving average of $292.21 and a 200-day simple moving average of $260.27. The firm has a market capitalization of $21.91 billion, a P/E ratio of 35.45 and a beta of 1.34. Fidelity MSCI Information Technology Index ETF has a one year low of $198.17 and a one year 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.