Interchange Capital Partners LLC Reduces Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Interchange Capital Partners LLC trimmed its position in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,919 shares of the company’s stock after selling 255 shares during the quarter. Interchange Capital Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Sound Income Strategies LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 20.8% during the second quarter. Sound Income Strategies LLC now owns 319 shares of the company’s stock worth $63,000 after buying an additional 55 shares during the period. LJI Wealth Management LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 2.2% during the second quarter. LJI Wealth Management LLC now owns 2,915 shares of the company’s stock worth $575,000 after buying an additional 63 shares during the period. OMNI 360 Wealth Inc. boosted its stake in Fidelity MSCI Information Technology Index ETF by 3.6% during the second quarter. OMNI 360 Wealth Inc. now owns 1,899 shares of the company’s stock worth $374,000 after buying an additional 66 shares during the period. RFG Advisory LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 0.8% during the second quarter. RFG Advisory LLC now owns 8,804 shares of the company’s stock worth $1,736,000 after buying an additional 71 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its stake in Fidelity MSCI Information Technology Index ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 19,433 shares of the company’s stock worth $3,264,000 after buying an additional 74 shares during the period.

Fidelity MSCI Information Technology Index ETF Stock Up 1.6%

NYSEARCA FTEC opened at $230.61 on Friday. The company has a fifty day moving average of $217.03 and a two-hundred day moving average of $196.32. The firm has a market capitalization of $16.93 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 52 week low of $134.11 and a 52 week high of $231.37.

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.