Northwest Bank & Trust Co Makes New $238,000 Investment in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Northwest Bank & Trust Co purchased a new stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,657 shares of the company’s stock, valued at approximately $238,000.

A number of other institutional investors also recently modified their holdings of FTEC. Citigroup Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF by 226.0% in the 3rd quarter. Citigroup Inc. now owns 665 shares of the company’s stock worth $82,000 after purchasing an additional 461 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 56.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,355 shares of the company’s stock valued at $482,000 after acquiring an additional 1,207 shares during the period. O Shaughnessy Asset Management LLC purchased a new position in Fidelity MSCI Information Technology Index ETF during the third quarter valued at approximately $96,000. Raymond James & Associates increased its holdings in Fidelity MSCI Information Technology Index ETF by 0.8% during the 4th quarter. Raymond James & Associates now owns 19,969 shares of the company’s stock worth $2,868,000 after acquiring an additional 165 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF by 10.5% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 3,804 shares of the company’s stock worth $546,000 after purchasing an additional 363 shares in the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of NYSEARCA:FTEC traded up $0.65 on Friday, hitting $172.39. The company’s stock had a trading volume of 171,526 shares, compared to its average volume of 241,347. The company has a market capitalization of $10.74 billion, a PE ratio of 37.14 and a beta of 1.41. The company has a 50-day simple moving average of $156.05 and a 200 day simple moving average of $151.04. Fidelity MSCI Information Technology Index ETF has a 1 year low of $118.39 and a 1 year high of $172.50.

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.