Signal Advisors Wealth LLC Increases Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Signal Advisors Wealth LLC increased its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,600 shares of the company’s stock after acquiring an additional 153 shares during the period. Signal Advisors Wealth LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BCS Wealth Management purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $504,000. Miracle Mile Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $202,000. Claro Advisors LLC raised its position in Fidelity MSCI Information Technology Index ETF by 5.7% during the 4th quarter. Claro Advisors LLC now owns 24,412 shares of the company’s stock worth $4,513,000 after buying an additional 1,316 shares during the last quarter. Accelerate Investment Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 7.6% during the 4th quarter. Accelerate Investment Advisors LLC now owns 1,333 shares of the company’s stock valued at $247,000 after acquiring an additional 94 shares during the period. Finally, Wedmont Private Capital acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at approximately $470,000.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $185.32 on Thursday. The company’s fifty day moving average price is $186.60 and its 200-day moving average price is $176.74. Fidelity MSCI Information Technology Index ETF has a 1-year low of $140.72 and a 1-year high of $192.96. The firm has a market capitalization of $11.55 billion, a P/E ratio of 37.14 and a beta of 1.41.

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.