Coordinated Financial Services Inc. Purchases New Holdings in Fidelity MSCI Information Technology Index ETF $FTEC

Coordinated Financial Services Inc. purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 3,995 shares of the company’s stock, valued at approximately $788,000.

Other large investors also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the 1st quarter valued at about $374,000. Flagship Harbor Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 9.8% in the 1st quarter. Flagship Harbor Advisors LLC now owns 1,319 shares of the company’s stock valued at $213,000 after buying an additional 118 shares during the period. PNC Financial Services Group Inc. boosted its position in Fidelity MSCI Information Technology Index ETF by 11.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the company’s stock valued at $273,000 after buying an additional 176 shares during the period. AE Wealth Management LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 12.0% in the 1st quarter. AE Wealth Management LLC now owns 3,091 shares of the company’s stock valued at $499,000 after buying an additional 330 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in Fidelity MSCI Information Technology Index ETF by 33.6% in the 1st quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock valued at $568,000 after buying an additional 878 shares during the period.

Fidelity MSCI Information Technology Index ETF Price Performance

Fidelity MSCI Information Technology Index ETF stock opened at $228.72 on Friday. The stock has a market cap of $16.63 billion, a price-to-earnings ratio of 35.45 and a beta of 1.16. Fidelity MSCI Information Technology Index ETF has a 1 year low of $134.11 and a 1 year high of $229.00. The firm has a 50-day moving average of $213.04 and a two-hundred day moving average of $190.82.

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.