Full Sail Capital LLC Has $14.73 Million Stock Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Full Sail Capital LLC lowered its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 3.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 250,856 shares of the company’s stock after selling 8,166 shares during the period. Full Sail Capital LLC owned approximately 1.17% of Fidelity MSCI Communication Services Index ETF worth $14,725,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC acquired a new position in Fidelity MSCI Communication Services Index ETF in the fourth quarter worth about $32,000. CIBC Private Wealth Group LLC grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 757.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 549 shares of the company’s stock valued at $33,000 after purchasing an additional 485 shares during the period. Decker Retirement Planning Inc. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 4th quarter worth approximately $34,000. Lee Danner & Bass Inc. bought a new position in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter worth approximately $51,000. Finally, Tower Research Capital LLC TRC boosted its stake in Fidelity MSCI Communication Services Index ETF by 151,100.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,512 shares of the company’s stock valued at $89,000 after buying an additional 1,511 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA:FCOM opened at $57.06 on Friday. The company has a market capitalization of $1.39 billion, a PE ratio of 19.01 and a beta of 1.08. The company’s fifty day moving average is $55.61 and its 200-day moving average is $58.45. Fidelity MSCI Communication Services Index ETF has a 52 week low of $48.17 and a 52 week high of $64.25.

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.