Brookstone Capital Management increased its holdings in the Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – FREE REPORT ) by 0.5% during the second quarter, according to its latest 13F filing with the U.S. Securities and Exchange Commission. The institutional investor acquired an additional 134 shares during the quarter, bringing its holdings to 29,495 shares of the company. Brookstone Capital Management's holdings in the Fidelity MSCI Information Technology Index ETF were worth $5,111,000 at the end of the most recent quarter.
Other institutional investors are also adding or reducing shares of FTEC. Midwest Heritage Bank FSB increased its holdings in the Fidelity MSCI Information Technology Index ETF by 4.7% in the second quarter. Midwest Heritage Bank FSB now holds 2,679 shares of the company's stock valued at $460,000. It purchased an additional 121 shares in the last quarter. Galvin Gaustad & Stein LLC purchased a new share of Fidelity MSCI Information Technology Index ETF in the second quarter valued at approximately $372,000. AdvisorNet Financial Inc increased its holdings in the Fidelity MSCI Information Technology Index ETF by 2.4% in the second quarter. AdvisorNet Financial Inc now holds 3,485 shares of the company's stock valued at $598,000. It purchased an additional 81 shares during the period. ORG Partners LLC purchased a new share of Fidelity MSCI Information Technology Index ETF worth approximately $100,000 in the second quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Fidelity MSCI Information Technology Index ETF by 39.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 24,295 shares of the company's stock, valued at $4,167,000, after purchasing an additional 6,913 shares during the period.
Fidelity MSCI Information Technology Index ETF trades up 0.2%
FTEC shares opened at $170.26 on Friday. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. Fidelity MSCI Information Technology Index ETF has a one-year low of $118.39 and a one-year high of $181.11. The company's 50-day simple moving average is $169.73 and its 200-day simple moving average is $159.56.
Fidelity MSCI Information Technology Index ETF Company Profile
(Free report)
Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that invests primarily in information technology stocks. The fund tracks a market-cap weighted index of stocks in the broad U.S. information technology sector. FTEC was launched on October 21, 2013 and is managed by Fidelity.
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