Capital Square LLC Has $215,000 Stock Position in Fidelity MSCI Communication Services Index ETF $FCOM

Capital Square LLC reduced its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 23.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,365 shares of the company’s stock after selling 1,009 shares during the period. Capital Square LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $215,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Blair William & Co. IL grew its holdings in Fidelity MSCI Communication Services Index ETF by 100.0% during the first quarter. Blair William & Co. IL now owns 448 shares of the company’s stock valued at $25,000 after purchasing an additional 224 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Fidelity MSCI Communication Services Index ETF during the second quarter worth $26,000. Signature Resources Capital Management LLC acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $40,000. New Millennium Group LLC grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 38.2% in the 2nd quarter. New Millennium Group LLC now owns 727 shares of the company’s stock valued at $47,000 after buying an additional 201 shares during the period. Finally, Harbour Investments Inc. increased its position in shares of Fidelity MSCI Communication Services Index ETF by 14.4% in the 2nd quarter. Harbour Investments Inc. now owns 1,595 shares of the company’s stock valued at $103,000 after buying an additional 201 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Up 0.2%

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $68.26 on Tuesday. The stock’s fifty day simple moving average is $70.54 and its 200 day simple moving average is $66.13. The company has a market capitalization of $1.77 billion, a PE ratio of 19.08 and a beta of 1.06. Fidelity MSCI Communication Services Index ETF has a 12 month low of $48.96 and a 12 month high of $72.98.

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.