Kestra Advisory Services LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Free Report) by 5.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 177,857 shares of the company’s stock after purchasing an additional 9,138 shares during the period. Kestra Advisory Services LLC owned about 0.76% of Fidelity MSCI Communication Services Index ETF worth $12,808,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in FCOM. Crumly & Associates Inc. boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 20.2% in the third quarter. Crumly & Associates Inc. now owns 169,314 shares of the company’s stock valued at $12,192,000 after acquiring an additional 28,464 shares during the period. Vertex Investment Solutions Co. Ltd. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $6,268,000. American National Bank & Trust acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter valued at $1,714,000. Independence Financial Advisors LLC raised its position in Fidelity MSCI Communication Services Index ETF by 4.1% in the 3rd quarter. Independence Financial Advisors LLC now owns 193,054 shares of the company’s stock valued at $13,902,000 after purchasing an additional 7,616 shares during the last quarter. Finally, Navellier & Associates Inc. purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $3,141,000.
Fidelity MSCI Communication Services Index ETF Price Performance
Shares of NYSEARCA:FCOM opened at $68.71 on Tuesday. The stock has a market cap of $1.60 billion, a P/E ratio of 19.08 and a beta of 1.09. The firm has a fifty day moving average price of $70.79 and a 200 day moving average price of $71.44. Fidelity MSCI Communication Services Index ETF has a 1-year low of $64.24 and a 1-year high of $75.94.
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.
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