NBC Securities Inc. Takes $46,000 Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

NBC Securities Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 291 shares of the company’s stock, valued at approximately $46,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTEC. Capital & Planning LLC raised its position in Fidelity MSCI Information Technology Index ETF by 9.6% in the 4th quarter. Capital & Planning LLC now owns 22,730 shares of the company’s stock valued at $4,202,000 after buying an additional 1,998 shares during the last quarter. Brighton Jones LLC raised its position in Fidelity MSCI Information Technology Index ETF by 8.8% in the 4th quarter. Brighton Jones LLC now owns 18,113 shares of the company’s stock valued at $3,349,000 after buying an additional 1,458 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $219,000. Root Financial Partners LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $220,000. Finally, Palacios Wealth Management LLC acquired a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at approximately $1,065,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $188.52 on Friday. The business’s 50 day simple moving average is $168.91 and its 200 day simple moving average is $176.96. Fidelity MSCI Information Technology Index ETF has a 52-week low of $134.11 and a 52-week high of $193.06. The firm has a market cap of $13.46 billion, a PE ratio of 33.64 and a beta of 1.24.

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.