Armor Investment Advisors LLC Has $13.76 Million Position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Armor Investment Advisors LLC boosted its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 25.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,869 shares of the company’s stock after purchasing an additional 16,105 shares during the quarter. Fidelity MSCI Information Technology Index ETF comprises 5.7% 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 $13,763,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in Fidelity MSCI Information Technology Index ETF in the second quarter worth $32,000. Lynx Investment Advisory bought a new stake in Fidelity MSCI Information Technology Index ETF during the second quarter worth approximately $37,000. Advisors Preferred LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the first quarter valued at approximately $63,000. Voisard Asset Management Group Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF during the 3rd quarter valued at approximately $89,000. Finally, McClarren Financial Advisors Inc. raised its holdings in Fidelity MSCI Information Technology Index ETF by 851.9% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 514 shares of the company’s stock valued at $88,000 after buying an additional 460 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 2.1 %

NYSEARCA FTEC opened at $180.46 on Wednesday. Fidelity MSCI Information Technology Index ETF has a 52 week low of $128.17 and a 52 week high of $181.99. The firm has a market capitalization of $11.24 billion, a price-to-earnings ratio of 37.14 and a beta of 1.41. The company has a fifty day moving average of $172.81 and a two-hundred day moving average of $167.47.

Fidelity MSCI Information Technology Index ETF Company Profile

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.