Fidelity MSCI Information Technology Index ETF (FTEC)
Assets | $6.53B |
Expense Ratio | 0.08% |
PE Ratio | 22.84 |
Shares Out | 53.10M |
Dividend (ttm) | $0.90 |
Dividend Yield | 0.72% |
Ex-Dividend Date | Mar 17, 2023 |
Payout Ratio | 16.52% |
1-Year Return | +16.34% |
Volume | 141,514 |
Open | 123.08 |
Previous Close | 123.09 |
Day's Range | 122.99 - 124.48 |
52-Week Low | 86.19 |
52-Week High | 126.07 |
Beta | 1.16 |
Holdings | 312 |
Inception Date | Oct 21, 2013 |
About FTEC
Fund Home PageThe 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.
Top 10 Holdings
62.17% of assetsName | Symbol | Weight |
---|---|---|
Apple Inc. | AAPL | 21.75% |
Microsoft Corporation | MSFT | 21.40% |
NVIDIA Corporation | NVDA | 5.32% |
Broadcom Inc. | AVGO | 3.04% |
Salesforce, Inc. | CRM | 1.91% |
Cisco Systems, Inc. | CSCO | 1.87% |
Adobe Inc. | ADBE | 1.82% |
Accenture plc | ACN | 1.75% |
Advanced Micro Devices, Inc. | AMD | 1.73% |
Oracle Corporation | ORCL | 1.58% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Mar 17, 2023 | $0.232 | Mar 22, 2023 |
Dec 16, 2022 | $0.233 | Dec 21, 2022 |
Sep 16, 2022 | $0.219 | Sep 21, 2022 |
Jun 17, 2022 | $0.215 | Jun 23, 2022 |
Mar 18, 2022 | $0.209 | Mar 23, 2022 |
Dec 17, 2021 | $0.257 | Dec 22, 2021 |
News

Tech-related ETFs post huge 2023 gains with boost from AI hype, but some big ones still are left with outflows
Hello! This week's ETF Wrap takes a look at tech-fund demand and performance while highlighting several AI-themed ETFs that have attracted inflows this year.

Stock market's AI frenzy reinforces this crucial rule for traders, RenMac says
A mind-blowing Thursday surge by shares of chip maker Nvidia Corp. that fed a frenzy for artificial-intelligence stock market plays reinforces a cardinal rule for traders, said a technician at a top W...

Bull vs. Bear: Playing Earnings Season With Single-Stock ETFs
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...

Why Investors Are Opting to Equal Weight Their Tech Exposure
Investors are reinstating positions in growthier segments of the market after a risk-off sentiment began emerging in July. Investors can access the tech sector with the ALPS Disruptive Technologies ET...

Earnings Season Can Be Confusing for Advisors
Last week was a big week for tech earnings, with many of the largest U.S. companies reporting second quarter results and in some cases offering guidance for what's ahead in the second half. Advisors w...

An Equal-Weight Approach to Big Tech Mitigates Concentration Risk
Mega-cap technology stocks climbed after Microsoft and Alphabet reported better-than-expected earnings yesterday. Microsoft (MSFT) missed on both revenue and profit expectations, but the stock rose on...

Patience Required, But Growth Stocks Can Rebound
Growth stocks and the related exchange trade funds are sagging this year, and the Federal Reserve's Wednesday interest rate increase of 50 basis points could further plague rate-sensitive growth and t...

Tech Not Cheap, But Valuations Are Tolerable
Technology stocks are rarely inexpensive, and that's particularly true of the next generation of tech names sporting the disruptive growth classification. However, tech valuations aren't excessive tod...

A Backdoor Electric Vehicle Play with Tesla Entering the S&P 500
Energy storage and smart grid technologies are integral parts of the burgeoning electric vehicle (EV) landscape. The ALPS Disruptive Technologies ETF (CBOE: DTEC) provides a clean avenue for investors...

Will a Flood of New Startups Continue to Boost Tech?
The Covid-19 pandemic threw a wrench into a number of initial public offering (IPO) plans, but a flood of new startups are ready to enter the market. As such, this could continue to make the technolog...

Tech ETFs get a boost as Apple becomes first company in the world worth $2 trillion
Exchange-traded funds with big bets on Apple Inc. AAPL, +0.92% bounced Wednesday when the tech giant added 1.1% and became the first company to cross $2 trillion in market capitalization.

Sector ETFs to Play a Swift, Uneven Market Recovery
The coronavirus pandemic’s impact on the U.S. markets may more transient when compared to previous recessions, but that does not mean that the various market segments and sector exchange traded funds ...

Apple Becomes Most Valuable Public Company
After a rough start to the season, stocks closed higher on Friday to finish the month near the recent. One company set the tone for the late-day advance, however, as Apple leveraged the company’s robu...

As the Tech Rally Continues, Analysts See No Signs of it Stopping
Amid the coronavirus pandemic, technology has been one of the few shining stars that has not only been able to recover from the March sell-offs but to also outperform as the Nasdaq continues to reach ...

4 ETFs to Watch as Warren Buffett Owns $91.3 Billion in Apple Stock
Value investing guru Warren Buffett likes Apple—in fact, the Berkshire Hathaway CEO and co-founder owns $91.3 billion in Apple stock via the holdings company. Despite the Covid-19 pandemic, the compan...

Rising Apple Stock Lifts Tech ETFs Amid Developer Conference
iPhone-maker Apple announced a number of new changes to its product lineup at the developer conference which commenced on Monday afternoon. The company’s stock is up 2.32% as of nearly 2 pm EST amid t...

It’s Not Too Late to be Bullish on Tech, Says Goldman Sachs
The coronavirus pandemic catapulted technology into the spotlight as social distancing and lockdown measures forced individuals and businesses to rely more heavily on software as well as the internet.

Apple Stock Closes At Record High, Driving Tech ETFs To Gains
Apple stock closed at a record high Friday amid optimism for the smartphone industry’s ability to withstand the coronavirus crisis and bolstered by a market that is encouraged by Fed stimulus and reop...

Large Cap Tech Stocks Continue to Throw Their Weight Around
As more confidence returns to the capital markets, it’s been large cap equities that have been throwing their weight around, particularly when it comes to tech stocks. In particular, the Nasdaq 100 (N...

4 Tech ETFs to Watch Over the Next 5 to 10 Years
With the capital markets in the throes of more panic selling amid the coronavirus outbreak, it’s a good time for bargain hunters to load up on technology names that have been driving the extended bull...

Apple’s Monday Surge Was Biggest One Day Gain Since 2018
Although it underwent a serious selloff, dropping from nearly $330 per share to $273 in less than a week, along with the broader stock market indices, Apple made a dramatic move higher Monday.

4 ETFs to Watch as Apple Says Coronavirus Will Hurt Revenue Projections
The effects of the coronavirus are already manifesting themselves in one of the global tech giants, which puts certain ETFs on watch. Lower iPhone supply globally and weakened China demand will hurt A...

3 Microsoft-Heavy ETFs To Watch Ahead Of Earnings
In what will be a brisk week of earnings reports from the always widely watched technology sector, the largest sector weight in the S&P 500, Microsoft (NASDAQ: MSFT) is one of the names stepping into ...

Plenty of Catalysts For This Cost-Effective Tech ETF
Investors looking for a cost-effective avenue for betting on large-cap technology stocks should consider the Fidelity MSCI Information Technology Index ETF Technology Equities (NYSEArca: FTEC). Like t...