1,151 Shares in Fidelity MSCI Information Technology Index ETF $FTEC Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,151 shares of the company’s stock, valued at approximately $227,000.

Several other large investors also recently added to or reduced their stakes in FTEC. IMA Advisory Services Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $25,000. Wood Tarver Financial Group LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at about $29,000. NBC Securities Inc. purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $46,000. Legacy Wealth Managment LLC ID purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $49,000. Finally, Whittier Trust Co. purchased a new position in Fidelity MSCI Information Technology Index ETF during the 1st quarter valued at about $50,000.

Fidelity MSCI Information Technology Index ETF Stock Up 1.6%

FTEC stock opened at $223.85 on Tuesday. The firm has a market capitalization of $16.05 billion, a PE ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $223.99. The stock has a 50-day simple moving average of $207.98 and a two-hundred day simple moving average of $185.95.

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.