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Fidelity Msci Information Technology Etf

Fidelity Msci Information Technology Etf is an exchange-traded fund (ETF) that tracks the performance of the information technology sector in the US stock market. It is designed to provide investors with exposure to a wide range of technology stocks, including large, mid and small-cap companies.

Here are some general information about Fidelity Msci Information Technology Etf:

* Symbol: FTEC

* Expense ratio: 0.08%

* Average daily volume: 359,572 shares

* Net assets: $5.3 billion

* Inception date: September 26th, 2996

* Yield: 0.65%

* Dividend yield: 0.63%

* Index: MSCI USA Information Technology 25/50 Index

* Market capitalization: Large, Mid, Small

* Industry: Technology

The fund's underlying holdings include a diversified portfolio of technology stocks, such as Apple, Microsoft, Amazon, Alphabet (Google), Facebook, Cisco Systems, Intel, IBM, Oracle, Accenture, and Texas Instruments, among others.

Fidelity Msci Information Technology Etf is a popular choice for investors looking to gain exposure to the technology sector, as it provides a diversified portfolio of stocks in this industry, which can potentially reduce risk and increase returns over the long term. Additionally, it has a low expense ratio of 0.08% compared to other similar technology ETFs, which makes it an attractive option for cost-conscious investors.

In conclusion, Fidelity Msci Information Technology Etf (FTEC) is an exchange-traded fund that tracks the performance of the information technology sector in the US stock market. It is designed to provide investors with exposure to a wide range of technology stocks, including large, mid, and small-cap companies. With a low expense ratio and diversified holdings, it is a popular choice for investors looking to gain exposure to the technology sector.

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