Stonebridge Financial Planning Group LLC Acquires 2,286 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Stonebridge Financial Planning Group LLC boosted its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 20.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,227 shares of the company’s stock after buying an additional 2,286 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $589,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FCOM. Sunbelt Securities Inc. boosted its stake in Fidelity MSCI Communication Services Index ETF by 47.0% during the third quarter. Sunbelt Securities Inc. now owns 1,868 shares of the company’s stock valued at $74,000 after buying an additional 597 shares during the last quarter. Vista Investment Management grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 4.7% in the third quarter. Vista Investment Management now owns 16,191 shares of the company’s stock valued at $643,000 after purchasing an additional 720 shares in the last quarter. Lynch & Associates IN increased its position in Fidelity MSCI Communication Services Index ETF by 6.0% in the fourth quarter. Lynch & Associates IN now owns 21,181 shares of the company’s stock worth $944,000 after purchasing an additional 1,202 shares during the last quarter. Raymond James & Associates raised its stake in Fidelity MSCI Communication Services Index ETF by 34.6% during the fourth quarter. Raymond James & Associates now owns 7,096 shares of the company’s stock valued at $316,000 after purchasing an additional 1,824 shares in the last quarter. Finally, Nwam LLC grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 17.3% in the 3rd quarter. Nwam LLC now owns 12,868 shares of the company’s stock worth $511,000 after buying an additional 1,901 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 1.5 %

Shares of FCOM stock traded down $0.74 during trading hours on Tuesday, reaching $47.59. 87,266 shares of the stock were exchanged, compared to its average volume of 112,402. Fidelity MSCI Communication Services Index ETF has a 12-month low of $35.94 and a 12-month high of $50.76. The company’s 50-day moving average price is $48.86 and its 200-day moving average price is $45.53. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 27.52 and a beta of 1.22.

Fidelity MSCI Communication Services Index ETF 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.