Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 12.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,063 shares of the company’s stock after purchasing an additional 921 shares during the period. Apollon Wealth Management LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. CX Institutional boosted its stake in shares of Fidelity MSCI Communication Services Index ETF by 23.8% during the third quarter. CX Institutional now owns 16,648 shares of the company’s stock worth $917,000 after buying an additional 3,202 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Fidelity MSCI Communication Services Index ETF by 8,688.2% during 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 period. Cetera Investment Advisers boosted its stake in shares of Fidelity MSCI Communication Services Index ETF by 15.9% during the second quarter. Cetera Investment Advisers now owns 18,428 shares of the company’s stock worth $962,000 after buying an additional 2,525 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the second quarter worth about $209,000. Finally, Lynch & Associates IN boosted its stake in shares of Fidelity MSCI Communication Services Index ETF by 2.7% during the second 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 period.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of FCOM opened at $57.10 on Monday. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $41.72 and a fifty-two week high of $59.14. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. The firm has a 50-day simple moving average of $55.28 and a 200-day simple moving average of $52.74.

About Fidelity MSCI Communication Services Index ETF

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.