Reliant Investment Partners LLC Buys 299 Shares of Fidelity MSCI Information Technology Index ETF $FTEC

Reliant Investment Partners LLC boosted its stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,138 shares of the company’s stock after acquiring an additional 299 shares during the quarter. Fidelity MSCI Information Technology Index ETF accounts for 2.8% of Reliant Investment Partners LLC’s holdings, making the stock its 7th largest position. Reliant Investment Partners LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $3,183,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IMA Advisory Services Inc. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at about $25,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Fidelity MSCI Information Technology Index ETF during the first quarter valued at approximately $49,000. Whittier Trust Co. purchased a new position in shares of Fidelity MSCI Information Technology Index ETF in the first quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter worth approximately $51,000. Finally, Rossby Financial LCC acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the first quarter worth approximately $57,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

Shares of FTEC opened at $234.79 on Tuesday. The stock has a 50 day moving average price of $217.54 and a 200 day moving average price of $197.11. Fidelity MSCI Information Technology Index ETF has a one year low of $134.11 and a one year high of $234.90. The stock has a market capitalization of $17.23 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24.

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.