Reliant Investment Partners LLC lifted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Free Report) by 1.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 16,138 shares of the company’s stock after purchasing an additional 299 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 2.8% of Reliant Investment Partners LLC’s investment portfolio, making the stock its 7th biggest position. Reliant Investment Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,183,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in FTEC. Sound Income Strategies LLC increased its holdings in shares of Fidelity MSCI Information Technology Index ETF by 20.8% in the second quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock valued at $63,000 after purchasing an additional 55 shares during the last quarter. LJI Wealth Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 2.2% in the 2nd quarter. LJI Wealth Management LLC now owns 2,915 shares of the company’s stock valued at $575,000 after buying an additional 63 shares in the last quarter. OMNI 360 Wealth Inc. increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 3.6% in the 2nd quarter. OMNI 360 Wealth Inc. now owns 1,899 shares of the company’s stock worth $374,000 after acquiring an additional 66 shares during the last quarter. RFG Advisory LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 0.8% in the 2nd quarter. RFG Advisory LLC now owns 8,804 shares of the company’s stock worth $1,736,000 after acquiring an additional 71 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 0.4% during the 1st quarter. Chicago Partners Investment Group LLC now owns 19,433 shares of the company’s stock worth $3,264,000 after acquiring an additional 74 shares during the period.
Fidelity MSCI Information Technology Index ETF Trading Up 1.8%
Shares of FTEC stock opened at $234.79 on Tuesday. Fidelity MSCI Information Technology Index ETF has a twelve month low of $134.11 and a twelve month high of $234.90. The company’s 50-day moving average price is $217.54 and its 200-day moving average price is $197.11. The stock has a market cap of $17.23 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24.
About Fidelity MSCI Information Technology Index ETF
The 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.
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