Blue Jean Financial LLC Takes $891,000 Position in Fidelity MSCI Communication Services Index ETF $FCOM

Blue Jean Financial LLC acquired a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,153 shares of the company’s stock, valued at approximately $891,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. LongView Wealth Management lifted its stake in Fidelity MSCI Communication Services Index ETF by 3.7% during the fourth quarter. LongView Wealth Management now owns 3,961 shares of the company’s stock valued at $293,000 after purchasing an additional 143 shares during the last quarter. IFP Advisors Inc lifted its stake in Fidelity MSCI Communication Services Index ETF by 20.6% during the third quarter. IFP Advisors Inc now owns 843 shares of the company’s stock valued at $60,000 after purchasing an additional 144 shares during the last quarter. Simplex Trading LLC lifted its stake in Fidelity MSCI Communication Services Index ETF by 80.9% during the fourth quarter. Simplex Trading LLC now owns 360 shares of the company’s stock valued at $26,000 after purchasing an additional 161 shares during the last quarter. Sigma Planning Corp lifted its stake in Fidelity MSCI Communication Services Index ETF by 1.3% during the fourth quarter. Sigma Planning Corp now owns 12,837 shares of the company’s stock valued at $941,000 after purchasing an additional 166 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Fidelity MSCI Communication Services Index ETF by 1.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,807 shares of the company’s stock valued at $868,000 after purchasing an additional 181 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

FCOM stock 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 market cap of $1.68 billion, a PE ratio of 19.08 and a beta of 1.04. The firm has a 50 day simple moving average of $73.04 and a 200 day simple moving average of $72.45.

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.