23-Jun-2026
No press releases found.
Tech selloff is ‘healthy’ and a ‘welcome decline’ ahead of earnings – Bespoke’s Paul Hickey
Seeking Alpha News (Tue, 23-Jun 1:14 PM ET)
Tech stock selloff? Buy the dip, says Melius Research’ Ben Reitzes
Seeking Alpha News (Tue, 23-Jun 11:26 AM ET)
‘A good hedge for declining tech stocks is other stocks’ – BCA Research’s Berezin
Seeking Alpha News (Tue, 23-Jun 10:57 AM ET)
Stock market would flounder if traders stripped out AI and energy trades – IBM’s Gary Cohn
Seeking Alpha News (Tue, 23-Jun 10:35 AM ET)
Ongoing tech selloff is ‘healthy’ and ‘good for the markets’ – analyst
Seeking Alpha News (Tue, 23-Jun 9:29 AM ET)
Without AI and energy, the S&P 500 is actually in the red in 2026
Seeking Alpha News (Mon, 22-Jun 8:43 AM ET)
Fidelity MSCI Information Technology Index ETF declares quarterly distribution of $0.2890
Seeking Alpha News (Fri, 19-Jun 5:15 AM ET)
The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index.
Fidelity MSCI Information Technology Index ETF trades on the ARCA stock market under the symbol FTEC.
As of June 23, 2026, FTEC stock price declined to $277.03 with 476,608 million shares trading.
FTEC has a beta of 1.46, meaning it tends to be more sensitive to market movements. FTEC has a correlation of 0.80 to the broad based SPY ETF.
FTEC has a market cap of $20.29 billion. This is considered a Large Cap stock.
In the last 3 years, FTEC traded as high as $300.79 and as low as $118.39.
FTEC has outperformed the market in the last year with a return of +49.1%, while the SPY ETF gained +24.7%. In the last 3 month period, FTEC beat the market returning +32.0%, while SPY returned +13.4%. However, in the most recent 2 weeks FTEC has underperformed the stock market by returning -1.0%, while SPY returned -0.5%.
FTEC support price is $281.95 and resistance is $293.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTEC shares will trade within this expected range on the day.