MML Investors Services LLC Grows Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

MML Investors Services LLC increased its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 4.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,809 shares of the company’s stock after buying an additional 421 shares during the quarter. MML Investors Services LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $540,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FCOM. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF in the second quarter valued at about $422,000. Atlas Capital Advisors LLC increased its holdings in Fidelity MSCI Communication Services Index ETF by 3.3% during the 2nd quarter. Atlas Capital Advisors LLC now owns 55,427 shares of the company’s stock valued at $2,895,000 after purchasing an additional 1,757 shares during the period. Commonwealth Equity Services LLC raised its position in Fidelity MSCI Communication Services Index ETF by 45.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 371,542 shares of the company’s stock valued at $19,406,000 after purchasing an additional 115,797 shares during the last quarter. Crumly & Associates Inc. lifted its holdings in Fidelity MSCI Communication Services Index ETF by 2.3% in the 2nd quarter. Crumly & Associates Inc. now owns 122,091 shares of the company’s stock worth $6,377,000 after buying an additional 2,722 shares during the period. Finally, Lynch & Associates IN grew its position 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 worth $1,230,000 after buying an additional 625 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

FCOM opened at $59.30 on Monday. The stock has a market capitalization of $1.27 billion, a PE ratio of 26.44 and a beta of 1.22. The stock’s 50 day moving average price is $58.11 and its 200-day moving average price is $54.40. Fidelity MSCI Communication Services Index ETF has a 52-week low of $43.74 and a 52-week high of $62.11.

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.