Fifth Third Bancorp Acquires 4,098 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Fifth Third Bancorp grew its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 333.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,327 shares of the company’s stock after buying an additional 4,098 shares during the period. Fifth Third Bancorp’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,108,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FTEC. Wealth Watch Advisors INC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at about $30,000. Elyxium Wealth LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $37,000. SouthState Bank Corp purchased a new position in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth about $50,000. Strategic Advocates LLC increased its stake in Fidelity MSCI Information Technology Index ETF by 76.4% during the fourth quarter. Strategic Advocates LLC now owns 247 shares of the company’s stock worth $56,000 after acquiring an additional 107 shares during the last quarter. Finally, MidFirst Bank bought a new stake in Fidelity MSCI Information Technology Index ETF during the fourth quarter worth approximately $73,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC stock opened at $270.52 on Friday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $198.17 and a 1 year high of $300.79. The stock’s 50 day simple moving average is $278.88 and its two-hundred day simple moving average is $245.19. The company has a market cap of $19.83 billion, a PE ratio of 35.45 and a beta of 1.34.

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.