Barlow Wealth Partners Inc. Takes Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Barlow Wealth Partners Inc. bought a new stake in 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 SEC. The fund bought 1,459 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC grew its stake in shares of Fidelity MSCI Information Technology Index ETF by 1.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,574 shares of the company’s stock worth $765,000 after purchasing an additional 84 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 4.7% during the fourth quarter. HB Wealth Management LLC now owns 2,238 shares of the company’s stock valued at $322,000 after buying an additional 101 shares during the period. BOK Financial Private Wealth Inc. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 13.3% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 861 shares of the company’s stock valued at $124,000 after acquiring an additional 101 shares in the last quarter. Larson Financial Group LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 193.8% in the fourth quarter. Larson Financial Group LLC now owns 188 shares of the company’s stock worth $27,000 after acquiring an additional 124 shares during the period. Finally, Raymond James & Associates boosted its holdings in Fidelity MSCI Information Technology Index ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock valued at $2,868,000 after acquiring an additional 165 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Trading Down 0.6 %

NYSEARCA FTEC traded down $0.88 during trading on Tuesday, hitting $152.95. The company had a trading volume of 118,113 shares, compared to its average volume of 262,257. The company’s fifty day moving average is $152.73 and its 200-day moving average is $145.00. Fidelity MSCI Information Technology Index ETF has a one year low of $113.12 and a one year high of $159.43. The company has a market cap of $9.53 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41.

Fidelity MSCI Information Technology Index ETF Company Profile

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.