Thrivent Financial for Lutherans Purchases 11,721 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Thrivent Financial for Lutherans boosted its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 28.9% during the third quarter, HoldingsChannel reports. The fund owned 52,306 shares of the company’s stock after buying an additional 11,721 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Fidelity MSCI Communication Services Index ETF were worth $2,881,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings 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 acquiring an additional 1,477 shares during the period. CX Institutional boosted its stake in Fidelity MSCI Communication Services Index ETF by 23.8% in the 3rd quarter. CX Institutional now owns 16,648 shares of the company’s stock worth $917,000 after purchasing an additional 3,202 shares during the period. GSA Capital Partners LLP grew its holdings in Fidelity MSCI Communication Services Index ETF by 4.0% during the 3rd quarter. GSA Capital Partners LLP now owns 5,314 shares of the company’s stock valued at $293,000 after buying an additional 203 shares in the last quarter. Cetera Investment Advisers increased its position 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 valued at $962,000 after buying an additional 2,525 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter worth about $209,000.

Fidelity MSCI Communication Services Index ETF Trading Up 0.4 %

FCOM stock opened at $58.53 on Wednesday. The firm has a 50 day moving average of $56.13 and a 200-day moving average of $53.18. The firm has a market capitalization of $1.26 billion, a P/E ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 12 month low of $41.72 and a 12 month high of $59.14.

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.