Goldstone Financial Group LLC Makes New Investment in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Goldstone Financial Group LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 41,456 shares of the company’s stock, valued at approximately $7,664,000. Fidelity MSCI Information Technology Index ETF comprises about 1.2% of Goldstone Financial Group LLC’s portfolio, making the stock its 26th largest position. Goldstone Financial Group LLC owned about 0.07% of Fidelity MSCI Information Technology Index ETF as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FTEC. Capital Planning LLC increased its position in Fidelity MSCI Information Technology Index ETF by 9.6% during the 4th quarter. Capital Planning LLC now owns 22,730 shares of the company’s stock valued at $4,202,000 after purchasing an additional 1,998 shares during the period. CHURCHILL MANAGEMENT Corp lifted its holdings in Fidelity MSCI Information Technology Index ETF by 0.6% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,291,314 shares of the company’s stock valued at $238,738,000 after buying an additional 7,974 shares during the period. Park Avenue Securities LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 0.7% during the 4th quarter. Park Avenue Securities LLC now owns 15,718 shares of the company’s stock worth $2,906,000 after acquiring an additional 111 shares during the period. SeaCrest Wealth Management LLC raised its position in shares of Fidelity MSCI Information Technology Index ETF by 7.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 5,671 shares of the company’s stock worth $1,048,000 after acquiring an additional 402 shares in the last quarter. Finally, Crane Advisory LLC acquired a new position in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $205,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock opened at $183.94 on Friday. The stock’s 50-day moving average is $186.56 and its 200 day moving average is $176.79. Fidelity MSCI Information Technology Index ETF has a one year low of $140.72 and a one year high of $192.96. The firm has a market cap of $11.46 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.