Focus Financial Network Inc. Boosts Stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Focus Financial Network Inc. lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,159 shares of the company’s stock after acquiring an additional 192 shares during the period. Focus Financial Network Inc.’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,508,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aptus Capital Advisors LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the third quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $37,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 4th quarter worth approximately $48,000. Sound Income Strategies LLC increased its position in Fidelity MSCI Information Technology Index ETF by 146.7% during the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock valued at $49,000 after buying an additional 157 shares in the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the fourth quarter valued at $69,000.

Fidelity MSCI Information Technology Index ETF Trading Down 0.2 %

Fidelity MSCI Information Technology Index ETF stock opened at $186.85 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 12 month low of $142.12 and a 12 month high of $193.06. The business’s fifty day simple moving average is $187.29 and its two-hundred day simple moving average is $178.15. The company has a market capitalization of $11.64 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.