EverSource Wealth Advisors LLC Takes Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

EverSource Wealth Advisors LLC acquired a new position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 191 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. grew its position in shares of Fidelity MSCI Information Technology Index ETF by 6.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 13,308 shares of the company’s stock worth $2,283,000 after buying an additional 778 shares during the period. Brighton Jones LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 1.8% in the second quarter. Brighton Jones LLC now owns 16,615 shares of the company’s stock valued at $2,850,000 after acquiring an additional 288 shares during the last quarter. WCG Wealth Advisors LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 11.8% during the 2nd quarter. WCG Wealth Advisors LLC now owns 20,554 shares of the company’s stock worth $3,525,000 after acquiring an additional 2,163 shares during the period. Madison Wealth Partners Inc bought a new stake in shares of Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $250,000. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of Fidelity MSCI Information Technology Index ETF by 11.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 34,883 shares of the company’s stock valued at $5,983,000 after purchasing an additional 3,580 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Down 0.8 %

NYSEARCA:FTEC opened at $173.88 on Friday. Fidelity MSCI Information Technology Index ETF has a 12-month low of $118.39 and a 12-month high of $181.11. The stock’s fifty day simple moving average is $166.87 and its 200-day simple moving average is $162.95. The firm has a market capitalization of $10.83 billion, a P/E 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.