Capital Investment Advisors LLC Invests $778,000 in Fidelity MSCI Information Technology Index ETF $FTEC

Capital Investment Advisors LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,462 shares of the company’s stock, valued at approximately $778,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Life Planners acquired a new stake in Fidelity MSCI Information Technology Index ETF during the 3rd quarter worth about $25,000. Bessemer Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter worth about $26,000. Wealth Watch Advisors INC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at about $30,000. Strategic Advocates LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at about $31,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at about $32,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $199.44 on Tuesday. The stock’s 50-day moving average is $218.30 and its 200 day moving average is $222.95. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $240.25. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 35.45 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.