Stonebridge Financial Planning Group LLC Boosts Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Stonebridge Financial Planning Group LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 20.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,227 shares of the company’s stock after acquiring an additional 2,286 shares during the quarter. Stonebridge Financial Planning Group LLC owned 0.07% of Fidelity MSCI Communication Services Index ETF worth $589,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FCOM. Lido Advisors LLC boosted its stake in Fidelity MSCI Communication Services Index ETF by 10.1% during the 3rd quarter. Lido Advisors LLC now owns 1,544,241 shares of the company’s stock worth $61,322,000 after purchasing an additional 142,240 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Communication Services Index ETF by 15.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 348,423 shares of the company’s stock valued at $13,836,000 after buying an additional 47,543 shares during the period. Gimbal Financial acquired a new position in Fidelity MSCI Communication Services Index ETF in the fourth quarter valued at approximately $1,917,000. Orion Portfolio Solutions LLC grew its position in Fidelity MSCI Communication Services Index ETF by 454.0% in the third quarter. Orion Portfolio Solutions LLC now owns 34,707 shares of the company’s stock worth $1,378,000 after acquiring an additional 28,442 shares during the period. Finally, Aptus Capital Advisors LLC raised its holdings in Fidelity MSCI Communication Services Index ETF by 10.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 201,300 shares of the company’s stock valued at $7,994,000 after buying an additional 18,300 shares during the period.

Fidelity MSCI Communication Services Index ETF Stock Down 1.5 %

Shares of FCOM traded down $0.74 during trading on Tuesday, reaching $47.59. 87,266 shares of the company traded hands, compared to its average volume of 112,402. The stock has a 50-day simple moving average of $48.86 and a 200-day simple moving average of $45.53. Fidelity MSCI Communication Services Index ETF has a twelve month low of $35.94 and a twelve month high of $50.76. The stock has a market cap of $1.02 billion, a PE ratio of 27.52 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.