Copperwynd Financial LLC Invests $230,000 in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Copperwynd Financial LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the second quarter, HoldingsChannel reports. The fund bought 1,359 shares of the company’s stock, valued at approximately $230,000.

Other hedge funds have also modified their holdings of the company. Sfmg LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $266,000. Marshall Wace LLP purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $456,000. EverSource Wealth Advisors LLC purchased a new position in Fidelity MSCI Information Technology Index ETF in the 2nd quarter valued at $32,000. Benjamin F. Edwards & Company Inc. grew its position in Fidelity MSCI Information Technology Index ETF by 6.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 13,308 shares of the company’s stock valued at $2,283,000 after buying an additional 778 shares during the last quarter. Finally, Brighton Jones LLC grew its position in Fidelity MSCI Information Technology Index ETF by 1.8% in the 2nd quarter. Brighton Jones LLC now owns 16,615 shares of the company’s stock valued at $2,850,000 after buying an additional 288 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Price Performance

NYSEARCA:FTEC opened at $173.88 on Monday. The firm’s fifty day moving average price is $166.87 and its 200 day moving average price is $162.99. Fidelity MSCI Information Technology Index ETF has a 1-year low of $118.39 and a 1-year high of $181.11. The firm has a market cap of $10.83 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.