Atlas Brown Inc. Boosts Holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Atlas Brown Inc. grew its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,921 shares of the company’s stock after acquiring an additional 760 shares during the quarter. Atlas Brown Inc. owned about 0.05% of Fidelity MSCI Communication Services Index ETF worth $641,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in Fidelity MSCI Communication Services Index ETF by 8,688.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after acquiring an additional 1,477 shares during the last quarter. HBW Advisory Services LLC bought a new position in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter worth about $215,000. Smithfield Trust Co increased its stake in Fidelity MSCI Communication Services Index ETF by 13.2% in the 3rd quarter. Smithfield Trust Co now owns 3,850 shares of the company’s stock worth $212,000 after buying an additional 450 shares during the period. Capital Square LLC bought a new stake in Fidelity MSCI Communication Services Index ETF during the 3rd quarter valued at about $220,000. Finally, Sanctuary Advisors LLC purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at about $209,000.

Fidelity MSCI Communication Services Index ETF Price Performance

Shares of NYSEARCA:FCOM traded down $0.71 during trading on Friday, reaching $58.91. 154,383 shares of the company were exchanged, compared to its average volume of 174,044. The business’s fifty day simple moving average is $59.22 and its 200-day simple moving average is $55.17. Fidelity MSCI Communication Services Index ETF has a 12-month low of $43.95 and a 12-month high of $62.11. The firm has a market capitalization of $1.27 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.