Atlas Capital Advisors Inc. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 51,567 shares of the company’s stock, valued at approximately $3,779,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Thrivent Financial for Lutherans acquired a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at $3,657,000. Lido Advisors LLC lifted its position in Fidelity MSCI Communication Services Index ETF by 10.4% during the third quarter. Lido Advisors LLC now owns 2,062,288 shares of the company’s stock valued at $146,361,000 after purchasing an additional 194,559 shares during the period. Vicus Capital lifted its position in Fidelity MSCI Communication Services Index ETF by 4.2% during the fourth quarter. Vicus Capital now owns 362,496 shares of the company’s stock valued at $26,564,000 after purchasing an additional 14,451 shares during the period. Maxele Advisors LLC acquired a new position in Fidelity MSCI Communication Services Index ETF during the third quarter valued at $1,362,000. Finally, Redstone Wealth Management LLC acquired a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at $8,993,000.
Fidelity MSCI Communication Services Index ETF Price Performance
NYSEARCA FCOM opened at $70.78 on Friday. The company has a market capitalization of $1.68 billion, a PE ratio of 19.08 and a beta of 1.04. The company has a fifty day moving average of $73.04 and a 200 day moving average of $72.45. Fidelity MSCI Communication Services Index ETF has a 1 year low of $60.84 and a 1 year high of $75.94.
Fidelity MSCI Communication Services Index ETF Company Profile
The Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of stocks in the US communication services sector. FCOM was launched on Oct 21, 2013 and is managed by Fidelity.
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