Sigma Planning Corp Acquires 505 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Sigma Planning Corp boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,724 shares of the company’s stock after acquiring an additional 505 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity MSCI Communication Services Index ETF were worth $811,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. New Millennium Group LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter worth $28,000. Pathway Financial Advisers LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the first quarter worth $34,000. Farther Finance Advisors LLC lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 8,688.2% in the third quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock worth $82,000 after buying an additional 1,477 shares during the last quarter. Comerica Bank lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 27.7% in the first quarter. Comerica Bank now owns 2,203 shares of the company’s stock worth $109,000 after buying an additional 478 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter worth $209,000.

Fidelity MSCI Communication Services Index ETF Trading Down 0.5 %

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $58.57 on Thursday. The firm has a fifty day simple moving average of $54.88 and a 200-day simple moving average of $52.56. Fidelity MSCI Communication Services Index ETF has a 1-year low of $41.72 and a 1-year high of $59.14. The stock has a market capitalization of $1.26 billion, a price-to-earnings 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.