Buy FTEC ETF FTEC ETF Price Today & News

Current performance may be higher or lower than the performance data quoted. Morningstar has awarded this fund 5 stars based on its risk-adjusted performance compared to the 227 funds within its Morningstar Technology Category. Some of the stocks in their portfolio include Apple (AAPL), Microsoft (MSFT), NVIDIA (NVDA), Visa (V), Mastercard (MA), Broadcom (AVGO), Cisco Systems (CSCO), Salesforce (CRM), Accenture (ACN) and Adobe (ADBE). Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Get this delivered to your inbox, and more info about our products and services.

• Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information.
• The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
• This is due to a global shift in index taxonomy reclassified those firms as “communications services.” And for sophisticated traders, XLK is still the preferred tool because of its size, liquidity and active options market.
• A high rating alone is not sufficient basis upon which to make an investment decision.
• Alternative Assets.Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC.
• Like rivals including State Street’s popular Technology Select Sector SPDR Fund (XLK) and the Vanguard Information Technology ETF (VGT), FTEC also owns sizable slugs of Visa and Mastercard.

The Fund will invest at least 80% of its assets in securities of MSCI USA IMI Information Technology Index which represents the performance of the information technology sector in the U.S. equity market. Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account.

FTEC ETF – Frequently Asked Questions

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

As FTEC is an exchange traded fund, it has no front end or back end load. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Growth – Domestic strategy. ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more.

Fidelity MSCI Information Technology Index ETF (FTEC) Holdings & Exposure

Amy Whitelaw is Managing Director of BlackRock, Inc. since 2013 and was Director of the firm from 2009 to 2012. Ms. Whitelaw’s service with the firm dates back to 1998, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Previously Ms. Whitelaw worked in the Transition Services group as a transition manager and strategist, and was also an international equity trader on BGI’s trading desk. Jennifer Hsui, Managing Director & Portfolio Manager at BlackRock Investment Management LLC

has been employed by BlackRock Fund Advisors as a senior portfolio manager since 2007.

“Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the index. The fund may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.

About Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

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These returns cover a period from January 1, 1988 through May 15, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Buy FTEC ETF

No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. Seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund’s underlying index. The fund’s underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. Using a representative sampling indexing strategy to manage the fund.

Before making any investment decisions, you should consult with your own professional advisers and take into account all of the particular facts and circumstances of your individual situation. Registered investment products (including mutual funds and ETFs) and collective investment trusts managed by Fidelity Management Trust Company (FMTC) are offered by Fidelity Distributors Company LLC (FDC LLC), a registered broker-dealer. FIAM products and services may be presented by FDC LLC, a non-exclusive financial intermediary affiliated with FIAM and compensated for such services. Before investing have your client consider the funds’, variable investment products’, or exchange-traded products’ investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information.

Prior to that, Ms. Hsui was a portfolio manager from 2006 to 2007 for BGFA. She was a research analyst for RBC Capital Markets from 2003 to 2006. Transparency is how we protect the integrity of our work and keep https://forexarticles.net/world-forex-broker/ empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.