Uhlmann Price Securities LLC Makes New Investment in Fidelity MSCI Information Technology Index ETF $FTEC

Uhlmann Price Securities LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,632 shares of the company’s stock, valued at approximately $1,390,000.

Other institutional investors have also recently bought and sold shares of the company. Concurrent Investment Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth $1,309,000. Succession Financial Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $3,414,000. NewEdge Advisors LLC lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 5.0% during the second quarter. NewEdge Advisors LLC now owns 36,762 shares of the company’s stock valued at $10,498,000 after purchasing an additional 1,744 shares in the last quarter. IPG Investment Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at about $2,353,000. Finally, Marotta Asset Management boosted its holdings in Fidelity MSCI Information Technology Index ETF by 4.8% during the third quarter. Marotta Asset Management now owns 75,679 shares of the company’s stock worth $22,708,000 after purchasing an additional 3,494 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

Fidelity MSCI Information Technology Index ETF stock opened at $258.66 on Friday. 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 firm’s 50-day simple moving average is $290.76 and its 200 day simple moving average is $261.90. The stock has a market cap of $19.30 billion, a PE ratio of 35.45 and a beta of 1.36.

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.