Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $63.76 and last traded at $63.82, with a volume of 23795 shares traded. The stock had previously closed at $63.13.
Fidelity MSCI Communication Services Index ETF Price Performance
The stock has a market cap of $1.37 billion, a PE ratio of 26.44 and a beta of 1.22. The business has a 50 day simple moving average of $60.12 and a 200 day simple moving average of $56.11.
Institutional Investors Weigh In On Fidelity MSCI Communication Services Index ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC acquired a new position in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at about $32,000. Decker Retirement Planning Inc. acquired a new stake in Fidelity MSCI Communication Services Index ETF during the fourth quarter worth about $34,000. Farther Finance Advisors LLC raised its holdings in Fidelity MSCI Communication Services Index ETF by 8,688.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after acquiring an additional 1,477 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter valued at $210,000. Finally, HBW Advisory Services LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter worth approximately $215,000.
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.
Read More
- Five stocks we like better than Fidelity MSCI Communication Services Index ETF
- Compound Interest and Why It Matters When Investing
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Using the MarketBeat Dividend Yield Calculator
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
- What is the Shanghai Stock Exchange Composite Index?
- High-Yield Dividend King PepsiCo Offers Value Too Good to Ignore
Receive News & Ratings for Fidelity MSCI Communication Services Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Communication Services Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.