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

Armor Investment Advisors LLC lifted its position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 25.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,869 shares of the company’s stock after buying an additional 16,105 shares during the period. Fidelity MSCI Information Technology Index ETF comprises 5.7% of Armor Investment Advisors LLC’s portfolio, making the stock its 3rd largest holding. Armor Investment Advisors LLC owned about 0.13% of Fidelity MSCI Information Technology Index ETF worth $13,763,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FTEC. Sanctuary Advisors LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF during the 2nd quarter valued at $878,000. CWM LLC lifted its holdings in shares of Fidelity MSCI Information Technology Index ETF by 165.8% during the third quarter. CWM LLC now owns 2,278 shares of the company’s stock valued at $398,000 after purchasing an additional 1,421 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Fidelity MSCI Information Technology Index ETF by 15.7% during the first quarter. Janney Montgomery Scott LLC now owns 14,043 shares of the company’s stock valued at $2,189,000 after buying an additional 1,903 shares during the last quarter. Brookstone Capital Management increased its holdings in Fidelity MSCI Information Technology Index ETF by 0.5% in the 2nd quarter. Brookstone Capital Management now owns 29,495 shares of the company’s stock worth $5,111,000 after buying an additional 134 shares in the last quarter. Finally, Fifth Third Securities Inc. raised its position in Fidelity MSCI Information Technology Index ETF by 3.7% in the 2nd quarter. Fifth Third Securities Inc. now owns 2,158 shares of the company’s stock worth $370,000 after buying an additional 76 shares during the last quarter.

Fidelity MSCI Information Technology Index ETF Stock Up 2.1 %

Shares of NYSEARCA FTEC opened at $180.46 on Wednesday. The firm’s 50-day moving average price is $172.81 and its 200-day moving average price is $167.47. Fidelity MSCI Information Technology Index ETF has a 52-week low of $128.17 and a 52-week high of $181.99. The company has a market cap of $11.24 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.