3,990 Shares in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Purchased by Capital Square LLC

Capital Square LLC bought a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,990 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GSA Capital Partners LLP lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 4.0% during the 3rd quarter. GSA Capital Partners LLP now owns 5,314 shares of the company’s stock worth $293,000 after buying an additional 203 shares during the last quarter. Soltis Investment Advisors LLC increased its position in shares of Fidelity MSCI Communication Services Index ETF by 2.4% during the first quarter. Soltis Investment Advisors LLC now owns 11,691 shares of the company’s stock worth $579,000 after buying an additional 276 shares during the period. Main Street Financial Solutions LLC raised its stake in Fidelity MSCI Communication Services Index ETF by 1.8% during the second quarter. Main Street Financial Solutions LLC now owns 23,131 shares of the company’s stock worth $1,208,000 after buying an additional 410 shares during the last quarter. Smithfield Trust Co lifted its holdings in Fidelity MSCI Communication Services Index ETF by 13.2% in the third quarter. Smithfield Trust Co now owns 3,850 shares of the company’s stock valued at $212,000 after buying an additional 450 shares during the period. Finally, Comerica Bank boosted its position in Fidelity MSCI Communication Services Index ETF by 27.7% during the first quarter. Comerica Bank now owns 2,203 shares of the company’s stock valued at $109,000 after acquiring an additional 478 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA:FCOM traded up $0.51 during midday trading on Monday, reaching $58.41. The company’s stock had a trading volume of 15,855 shares, compared to its average volume of 92,259. The firm has a 50 day moving average price of $55.92 and a two-hundred day moving average price of $53.06. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $41.72 and a fifty-two week high of $59.14. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22.

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.