Wells Fargo & Company MN Buys 18,272 Shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Wells Fargo & Company MN increased its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 24.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,910 shares of the company’s stock after purchasing an additional 18,272 shares during the period. Wells Fargo & Company MN owned approximately 0.17% of Fidelity MSCI Information Technology Index ETF worth $13,489,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Larson Financial Group LLC grew its position in Fidelity MSCI Information Technology Index ETF by 193.8% during the fourth quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after acquiring an additional 124 shares during the last quarter. NBC Securities Inc. bought a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $29,000. Provence Wealth Management Group bought a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $37,000. Key Financial Inc bought a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $38,000. Finally, CVA Family Office LLC bought a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at approximately $82,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA:FTEC opened at $158.70 on Friday. The firm has a market cap of $9.89 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a fifty-two week low of $118.39 and a fifty-two week high of $164.05. The business has a 50 day moving average price of $153.97 and a 200-day moving average price of $149.00.

About Fidelity MSCI Information Technology Index ETF

(Free Report)

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.

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