The Fidelity MSCI Information Technology Index ETF (FTEC) experienced a significant outflow of approximately $112.3 million, equating to a 0.8% decrease in shares outstanding, dropping from 71.4 million to 70.8 million. This change was noted in the latest week.
As of the most recent trading session, FTEC’s price is $188.20, which is near its 52-week high of $193.06 and above its low of $134.11. Key underlying components like IBM are showing modest increases, with IBM up 0.5%, Amphenol Corp. up 1%, and Cadence Design Systems up 0.1%.
