Interchange Capital Partners LLC disclosed a dramatic shift in its investment strategy by reducing its stake in Fidelity MSCI Information Technology Index ETF (FTEC) by 93%. The firm’s Form 13F filing with the SEC shows a sale of 4,813 shares, leaving 361 shares in its portfolio.
In an unexpected move, Interchange Capital Partners LLC dramatically reduced its holdings in the iShares Russell 1000 ETF during the second quarter. According to new SEC filings, the firm has cut its stake by more than half, drawing attention to shifting strategies among investors.
Interchange Capital Partners LLC reduced its position in Nu Holdings Ltd. by 40.9% in the second quarter, selling 7,905 shares and retaining 11,421 shares. The remaining holdings are valued at $157,000, as reported by Holdings Channel.
Interchange Capital Partners LLC dramatically reduced its Vistra Corp. holdings, according to a recent Securities and Exchange Commission filing. The institutional investor sold 1,869 shares during the second quarter, cutting its stake by 67.4%.
