4,445 Shares in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Acquired by Secure Asset Management LLC

Secure Asset Management LLC purchased 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 and Exchange Commission. The institutional investor purchased 4,445 shares of the company’s stock, valued at approximately $261,000.

Other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in Fidelity MSCI Communication Services Index ETF by 8,688.2% in the third quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after purchasing an additional 1,477 shares during the period. CX Institutional increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 23.8% in the third quarter. CX Institutional now owns 16,648 shares of the company’s stock valued at $917,000 after buying an additional 3,202 shares during the period. GSA Capital Partners LLP raised its position in shares of Fidelity MSCI Communication Services Index ETF by 4.0% during the third quarter. GSA Capital Partners LLP now owns 5,314 shares of the company’s stock worth $293,000 after acquiring an additional 203 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 15.9% in the second quarter. Cetera Investment Advisers now owns 18,428 shares of the company’s stock worth $962,000 after acquiring an additional 2,525 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in Fidelity MSCI Communication Services Index ETF in the second quarter valued at approximately $209,000.

Fidelity MSCI Communication Services Index ETF Stock Performance

NYSEARCA:FCOM opened at $61.74 on Friday. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $46.22 and a fifty-two week high of $62.11. The company has a 50 day simple moving average of $59.66 and a two-hundred day simple moving average of $55.73. The company has a market capitalization of $1.33 billion, a PE ratio of 26.44 and a beta of 1.22.

About Fidelity MSCI Communication Services Index ETF

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.