Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Reaches New 52-Week High at $152.74

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTECGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $152.74 and last traded at $152.71, with a volume of 48593 shares changing hands. The stock had previously closed at $151.79.

Fidelity MSCI Information Technology Index ETF Trading Up 1.5 %

The business has a 50 day moving average price of $144.32 and a 200-day moving average price of $133.80. The firm has a market capitalization of $8.64 billion, a PE ratio of 22.84 and a beta of 1.16.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,377,081 shares of the company’s stock worth $415,145,000 after acquiring an additional 28,673 shares in the last quarter. Lido Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 9.3% during the third quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after purchasing an additional 141,104 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 827,618 shares of the company’s stock valued at $101,739,000 after purchasing an additional 10,598 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Fidelity MSCI Information Technology Index ETF by 41.7% in the second quarter. Envestnet Asset Management Inc. now owns 445,429 shares of the company’s stock valued at $58,191,000 after buying an additional 131,103 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter worth $33,181,000.

Fidelity MSCI Information Technology Index ETF Company Profile

(Get 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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