Harel Insurance Investments & Financial Services Ltd. Raises Holdings in Fidelity MSCI Communication Services Index ETF $FCOM

Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,145,739 shares of the company’s stock after purchasing an additional 155,067 shares during the quarter. Fidelity MSCI Communication Services Index ETF comprises 1.5% of Harel Insurance Investments & Financial Services Ltd.’s holdings, making the stock its 21st biggest position. Harel Insurance Investments & Financial Services Ltd. owned approximately 0.13% of Fidelity MSCI Communication Services Index ETF worth $214,288,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Simplex Trading LLC raised its position in Fidelity MSCI Communication Services Index ETF by 80.9% during the 4th quarter. Simplex Trading LLC now owns 360 shares of the company’s stock worth $26,000 after buying an additional 161 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 170.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 512 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares during the period. Larson Financial Group LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 3rd quarter valued at about $41,000. Global Retirement Partners LLC grew its position in shares of Fidelity MSCI Communication Services Index ETF by 286.7% in the fourth quarter. Global Retirement Partners LLC now owns 727 shares of the company’s stock valued at $53,000 after purchasing an additional 539 shares during the period. Finally, IFP Advisors Inc boosted its stake in Fidelity MSCI Communication Services Index ETF by 20.6% during the 3rd quarter. IFP Advisors Inc now owns 843 shares of the company’s stock worth $60,000 after purchasing an additional 144 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

NYSEARCA FCOM opened at $72.09 on Wednesday. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $63.90 and a fifty-two week high of $75.94. The firm has a market capitalization of $1.84 billion, a P/E ratio of 19.08 and a beta of 1.05. The stock’s fifty day moving average is $72.07 and its two-hundred day moving average is $72.15.

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.