Fidelity MSCI Information Technology Index ETF
FTEC

$158.55

2.35%

Market Cap: $10.9B

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

213% more call options, than puts

Call options by funds: $3.28M | Put options by funds: $1.05M

14% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 130

2% more capital invested

Capital invested by funds: $2.29B [Q1] → $2.33B (+$40.6M) [Q2]

0% less funds holding

Funds holding: 419 [Q1] → 418 (-1) [Q2]

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

1.94% less ownership

Funds ownership: 23.82% [Q1] → 21.87% (-1.94%) [Q2]

8% less funds holding in top 10

Funds holding in top 10: 13 [Q1] → 12 (-1) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

Based on 3 articles about FTEC published over the past 30 days

The Motley Fool

Forget the Nasdaq -- Buy This Magnificent ETF Instead

The Fidelity MSCI Information Technology Index ETF is often overlooked, but it combines stellar performance with low fees. The fund has outperformed both the Nasdaq Composite and the S&P 500 over the last 10 years.

Forget the Nasdaq -- Buy This Magnificent ETF Instead

ETF Investors Await Nvidia EPS

The week before Labor Day is usually a slow one. This one likely won't be, though, with Nvidia set to report results after the close today.

ETF Investors Await Nvidia EPS

Fidelity FTEC ETF Can Offer Good Exposure To AI

Fidelity MSCI Information Technology Index ETF is a low-cost, large-cap, technology-concentrated portfolio strategy with top holdings in Apple, Microsoft, and Nvidia. The FTEC ETF is highly concentrated, with the top 10 holdings controlling 61% of the portfolio weight, primarily driven by the top 3 holdings. This compares to 50% in QQQ. Despite risks in the tech industry, FTEC poses as a strong investment opportunity for exposure to the AI growth market, with a 3-5% allocation recommendation.

Fidelity FTEC ETF Can Offer Good Exposure To AI

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)?

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

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