Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) is Armor Investment Advisors LLC’s 3rd Largest Position

Armor Investment Advisors LLC lifted its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,129 shares of the company’s stock after acquiring an additional 1,260 shares during the quarter. Fidelity MSCI Information Technology Index ETF makes up 6.1% of Armor Investment Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Armor Investment Advisors LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $14,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 67.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 169 shares of the company’s stock valued at $29,000 after buying an additional 68 shares during the last quarter. Fifth Third Bancorp acquired a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter valued at approximately $37,000. Newbridge Financial Services Group Inc. bought a new stake in Fidelity MSCI Information Technology Index ETF in the fourth quarter worth approximately $48,000. Sound Income Strategies LLC increased its stake in shares of Fidelity MSCI Information Technology Index ETF by 146.7% during the 4th quarter. Sound Income Strategies LLC now owns 264 shares of the company’s stock worth $49,000 after purchasing an additional 157 shares during the last quarter. Finally, Harbor Investment Advisory LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 4th quarter valued at $69,000.

Fidelity MSCI Information Technology Index ETF Trading Up 1.3 %

FTEC stock opened at $187.16 on Tuesday. Fidelity MSCI Information Technology Index ETF has a 1 year low of $142.12 and a 1 year high of $193.06. The company has a fifty day simple moving average of $187.29 and a 200 day simple moving average of $178.00. The firm has a market cap of $11.66 billion, a PE ratio of 37.14 and a beta of 1.41.

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.