Commonwealth Equity Services LLC Buys 30,095 Shares of Fidelity MSCI Communication Services Index ETF $FCOM

Commonwealth Equity Services LLC grew its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 11.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 295,874 shares of the company’s stock after purchasing an additional 30,095 shares during the period. Commonwealth Equity Services LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $20,998,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter worth about $26,000. Private Trust Co. NA increased its stake in Fidelity MSCI Communication Services Index ETF by 1,737.5% in the 3rd quarter. Private Trust Co. NA now owns 441 shares of the company’s stock worth $31,000 after acquiring an additional 417 shares during the last quarter. Signature Resources Capital Management LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 2nd quarter worth approximately $40,000. New Millennium Group LLC boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 38.2% during the 2nd quarter. New Millennium Group LLC now owns 727 shares of the company’s stock valued at $47,000 after acquiring an additional 201 shares during the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 14.4% during the 2nd quarter. Harbour Investments Inc. now owns 1,595 shares of the company’s stock valued at $103,000 after acquiring an additional 201 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of FCOM opened at $73.53 on Friday. The company’s fifty day moving average is $71.58 and its 200 day moving average is $69.22. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $48.96 and a fifty-two week high of $73.87. The stock has a market capitalization of $1.93 billion, a PE ratio of 19.08 and a beta of 1.06.

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.