Pacific Sun Financial Corp Increases Holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Pacific Sun Financial Corp raised its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,748 shares of the company’s stock after acquiring an additional 848 shares during the period. Pacific Sun Financial Corp owned approximately 0.08% of Fidelity MSCI Communication Services Index ETF worth $1,042,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FCOM. Arkadios Wealth Advisors bought a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 4th quarter worth $259,000. Farther Finance Advisors LLC boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 8,688.2% during the third quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after buying an additional 1,477 shares during the last quarter. GSA Capital Partners LLP boosted its holdings 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 valued at $293,000 after acquiring an additional 203 shares during the last quarter. Beckerman Institutional LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF during the third quarter valued at approximately $1,279,000. Finally, Decker Retirement Planning Inc. bought a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at approximately $34,000.

Fidelity MSCI Communication Services Index ETF Price Performance

FCOM stock opened at $63.30 on Thursday. The company has a market cap of $1.36 billion, a P/E ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 1 year low of $46.37 and a 1 year high of $64.25. The stock’s fifty day moving average price is $61.08 and its 200-day moving average price is $57.19.

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.