Vicus Capital Purchases Shares of 277,504 Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Vicus Capital acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 277,504 shares of the company’s stock, valued at approximately $15,612,000. Fidelity MSCI Communication Services Index ETF accounts for approximately 1.4% of Vicus Capital’s holdings, making the stock its 17th largest holding. Vicus Capital owned 1.13% of Fidelity MSCI Communication Services Index ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Fidelity MSCI Communication Services Index ETF by 2.1% during the fourth quarter. JPMorgan Chase & Co. now owns 7,950 shares of the company’s stock valued at $467,000 after acquiring an additional 162 shares during the period. Snowden Capital Advisors LLC lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 0.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 26,867 shares of the company’s stock valued at $1,577,000 after purchasing an additional 173 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 4.3% during the 4th quarter. Sanctuary Advisors LLC now owns 4,537 shares of the company’s stock worth $285,000 after purchasing an additional 189 shares during the period. Sigma Planning Corp grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 1.3% during the 4th quarter. Sigma Planning Corp now owns 14,918 shares of the company’s stock worth $876,000 after purchasing an additional 194 shares during the period. Finally, Private Advisor Group LLC increased its position in Fidelity MSCI Communication Services Index ETF by 6.4% during the 4th quarter. Private Advisor Group LLC now owns 4,482 shares of the company’s stock worth $263,000 after purchasing an additional 271 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

NYSEARCA FCOM opened at $62.77 on Tuesday. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 19.43 and a beta of 1.08. Fidelity MSCI Communication Services Index ETF has a one year low of $48.17 and a one year high of $64.25. The company’s 50 day moving average price is $57.87 and its 200 day moving average price is $59.05.

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.