Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC raised its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 10.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 85,524 shares of the company’s stock after acquiring an additional 8,146 shares during the period. AE Wealth Management LLC owned approximately 0.40% of Fidelity MSCI Communication Services Index ETF worth $4,467,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC grew its holdings in Fidelity MSCI Communication Services Index ETF by 115.7% during the fourth quarter. Advisory Services Network LLC now owns 25,460 shares of the company’s stock worth $1,134,000 after acquiring an additional 13,659 shares during the period. Sunbelt Securities Inc. grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 25.6% during the 1st quarter. Sunbelt Securities Inc. now owns 2,349 shares of the company’s stock worth $116,000 after purchasing an additional 479 shares during the period. Lynch & Associates IN increased its holdings in shares of Fidelity MSCI Communication Services Index ETF by 2.7% in the 2nd quarter. Lynch & Associates IN now owns 23,552 shares of the company’s stock valued at $1,230,000 after purchasing an additional 625 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 211.4% in the second quarter. Axxcess Wealth Management LLC now owns 40,248 shares of the company’s stock valued at $2,102,000 after purchasing an additional 27,324 shares during the period. Finally, CX Institutional boosted its holdings in Fidelity MSCI Communication Services Index ETF by 15.2% during the second quarter. CX Institutional now owns 13,446 shares of the company’s stock worth $702,000 after buying an additional 1,777 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Up 0.1 %

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $54.03 on Friday. The company has a 50-day moving average of $51.81 and a two-hundred day moving average of $50.80. Fidelity MSCI Communication Services Index ETF has a 12-month low of $37.86 and a 12-month high of $54.45. The stock has a market cap of $1.16 billion, a PE 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.