Cwm LLC Has $398,000 Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Cwm LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 165.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,278 shares of the company’s stock after buying an additional 1,421 shares during the quarter. Cwm LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $398,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. WealthShield Partners LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 2.2% in the second quarter. WealthShield Partners LLC now owns 3,377 shares of the company’s stock valued at $579,000 after purchasing an additional 73 shares during the last quarter. Fifth Third Securities Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF by 3.7% in the second quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock valued at $370,000 after purchasing an additional 76 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of Fidelity MSCI Information Technology Index ETF by 2.4% in 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 last quarter. Liberty Wealth Management LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 1.7% in the second quarter. Liberty Wealth Management LLC now owns 5,412 shares of the company’s stock valued at $928,000 after purchasing an additional 93 shares during the last quarter. Finally, Valley Brook Capital Group Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF by 5.2% in the second quarter. Valley Brook Capital Group Inc. now owns 2,025 shares of the company’s stock valued at $347,000 after purchasing an additional 100 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $179.45 on Monday. The firm has a 50-day simple moving average of $170.78 and a 200 day simple moving average of $165.21. Fidelity MSCI Information Technology Index ETF has a twelve month low of $118.39 and a twelve month high of $181.49. The stock has a market cap of $11.18 billion, a PE 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.