Fidelity MSCI Information Technology Index ETF
FTEC

$166.98

1.1%

Market Cap: 10.6B

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

248% more call options, than puts

Call options by funds: $3.58M | Put options by funds: $1.03M

19% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 126

18% more capital invested

Capital invested by funds: $1.87B [Q4 2023] → $2.2B (+$334M) [Q1 2024]

0.34% more ownership

Funds ownership: 22.52% [Q4 2023] → 22.86% (+0.34%) [Q1 2024]

0% more funds holding

Funds holding: 408 [Q4 2023] → 408 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 53

13% less funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 13 (-2) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for FTEC.

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Financial journalist opinion

3 Tech ETFs to Buy if You Are Looking for Heavy Nvidia Exposure

Both passive and active investors seem to have a growing appetite for shares of Nvidia (NASDAQ: NVDA ). A select few may be running to the hills after the latest correction in NVDA stock.

3 Tech ETFs to Buy if You Are Looking for Heavy Nvidia Exposure

FTEC: Tech ETF Matches Up Well Against Bigger ETFs, But Risk/Reward An Issue Currently

While the Fidelity Tech ETF measures up well against other tech ETFs, now may not be the right time to add any of them to your portfolio. The long-term outlook for fund and the tech sector appear to be good, but the short-term risk/reward picture is a concern. The bigger funds in the peer group are heavily concentrated when it comes to their top holdings, with three stocks representing over 40% of the assets.

FTEC: Tech ETF Matches Up Well Against Bigger ETFs, But Risk/Reward An Issue Currently

FTEC: Software-Related Risks Emerge As Gen AI Disrupts

Fidelity MSCI Information Technology Index ETF has seen nearly a 33% upside over the past year. Valuations for certain chip stocks have become expensive, but there are still opportunities for growth in the AI space. However, risks have emerged for Application Software companies due to the disruptive nature of Gen AI, making it not the appropriate time to invest in the ETF.

FTEC: Software-Related Risks Emerge As Gen AI Disrupts

FTEC: Tech Now Near 30x Earnings With Powerful Momentum

The information technology sector now makes up 31.2% of the S&P 500 and tech ETFs account for close to 30% of all fund assets. The Fidelity MSCI Information Technology Index ETF offers more exposure to big IT equities away from the two largest IT sector components. FTEC has a high weight in top holdings Microsoft, Apple, and NVIDIA, and has a bullish technical outlook with a potential price target of $190.

FTEC: Tech Now Near 30x Earnings With Powerful Momentum

Zacks Investment Research

Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?

The Fidelity MSCI Information Technology Index ETF (FTEC) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?

Zacks Investment Research

ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback

Apple beat estimates on both earnings and revenues, and unveiled a record share buyback program amid the steep decline in iPhone sales.

ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback

The Motley Fool

The Low-Cost ETF That Has Turned $10,000 Into More Than $50,000 in 10 Years

Investing in exchange-traded funds (ETFs) can provide investors with good diversification, and in some cases, great returns. The Fidelity MSCI Information Technology Index has vastly outperformed the S&P 500 over the past decade.

The Low-Cost ETF That Has Turned $10,000 Into More Than $50,000 in 10 Years

Zacks Investment Research

ETFs to Buy as Cloud, AI Power Microsoft's Q3 Earnings

Microsoft (MSFT) reported strong third-quarter fiscal 2024 results, beating earnings and revenue estimates. driven by strong demand for cloud and artificial intelligence offerings.

ETFs to Buy as Cloud, AI Power Microsoft's Q3 Earnings

Zacks Investment Research

What's in Store for Microsoft ETFs This Earnings Season?

Microsoft (MSFT) has been caught in a spree of heavy technology sector sell-off in recent weeks, erasing most of its gains made this year. There might be gains in store if MSFT comes up with an earnings beat as demand for generative AI will continue to fuel cloud business.

What's in Store for Microsoft ETFs This Earnings Season?

Zacks Investment Research

Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?

Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on 10/21/2013.

Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?

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