Brookstone Capital Management boosted its holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,495 shares of the company’s stock after acquiring an additional 134 shares during the quarter. Brookstone Capital Management’s holdings in Fidelity MSCI Information Technology Index ETF were worth $5,111,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in FTEC. Midwest Heritage Bank FSB raised its position in Fidelity MSCI Information Technology Index ETF by 4.7% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,679 shares of the company’s stock worth $460,000 after buying an additional 121 shares during the last quarter. Galvin Gaustad & Stein LLC purchased a new position in shares of Fidelity MSCI Information Technology Index ETF during the second quarter valued at approximately $372,000. AdvisorNet Financial Inc lifted its position in Fidelity MSCI Information Technology Index ETF by 2.4% during the second quarter. AdvisorNet Financial Inc now owns 3,485 shares of the company’s stock valued at $598,000 after purchasing an additional 81 shares during the period. ORG Partners LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth approximately $100,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Fidelity MSCI Information Technology Index ETF by 39.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 24,295 shares of the company’s stock worth $4,167,000 after purchasing an additional 6,913 shares during the period.
Fidelity MSCI Information Technology Index ETF Trading Up 0.2 %
Shares of FTEC opened at $170.26 on Friday. The firm has a market cap of $10.61 billion, a PE ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a 1-year low of $118.39 and a 1-year high of $181.11. The firm has a fifty day simple moving average of $169.73 and a two-hundred day simple moving average of $159.56.
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.
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