Stonebrook Private Inc. Purchases New Shares in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Stonebrook Private Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 32,540 shares of the company’s stock, valued at approximately $4,674,000. Fidelity MSCI Information Technology Index ETF comprises 1.6% of Stonebrook Private Inc.’s portfolio, making the stock its 14th biggest position. Stonebrook Private Inc. owned 0.06% of Fidelity MSCI Information Technology Index ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the 4th quarter valued at about $33,181,000. Lido Advisors LLC boosted its holdings in Fidelity MSCI Information Technology Index ETF by 9.3% in the 3rd quarter. Lido Advisors LLC now owns 1,652,603 shares of the company’s stock worth $203,154,000 after buying an additional 141,104 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Fidelity MSCI Information Technology Index ETF in the 3rd quarter valued at approximately $12,895,000. SteelPeak Wealth LLC bought a new stake in Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $9,538,000. Finally, Crumly & Associates Inc. lifted its position in shares of Fidelity MSCI Information Technology Index ETF by 199.5% during the fourth quarter. Crumly & Associates Inc. now owns 72,790 shares of the company’s stock worth $10,456,000 after acquiring an additional 48,485 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 1.6 %

Shares of NYSEARCA:FTEC traded up $2.41 during midday trading on Friday, reaching $149.88. 166,985 shares of the company traded hands, compared to its average volume of 255,990. The firm’s fifty day moving average price is $152.96 and its two-hundred day moving average price is $143.68. The firm has a market capitalization of $9.30 billion, a price-to-earnings ratio of 38.28 and a beta of 1.36. Fidelity MSCI Information Technology Index ETF has a 12 month low of $110.66 and a 12 month high of $159.43.

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.