Atlas Capital Advisors Inc. Buys Shares of 51,567 Fidelity MSCI Communication Services Index ETF $FCOM

Atlas Capital Advisors Inc. bought a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 51,567 shares of the company’s stock, valued at approximately $3,779,000. Atlas Capital Advisors Inc. owned approximately 0.20% of Fidelity MSCI Communication Services Index ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter worth $3,657,000. Lido Advisors LLC lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 10.4% during the third quarter. Lido Advisors LLC now owns 2,062,288 shares of the company’s stock worth $146,361,000 after buying an additional 194,559 shares during the period. Vicus Capital lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 4.2% during the fourth quarter. Vicus Capital now owns 362,496 shares of the company’s stock worth $26,564,000 after buying an additional 14,451 shares during the period. Maxele Advisors LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the third quarter worth $1,362,000. Finally, Redstone Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter worth $8,993,000.

Fidelity MSCI Communication Services Index ETF Trading Up 0.1%

NYSEARCA:FCOM opened at $70.78 on Friday. Fidelity MSCI Communication Services Index ETF has a 12 month low of $60.84 and a 12 month high of $75.94. The firm has a fifty day simple moving average of $73.04 and a 200-day simple moving average of $72.45. The company has a market capitalization of $1.68 billion, a P/E ratio of 19.08 and a beta of 1.04.

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.