PUREfi Wealth LLC Buys New Stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

PUREfi Wealth LLC bought a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,233 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FCOM. Sanctuary Advisors LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the second quarter worth $209,000. Yoder Wealth Management Inc. lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 9.1% during the third quarter. Yoder Wealth Management Inc. now owns 60,106 shares of the company’s stock worth $3,311,000 after purchasing an additional 5,027 shares during the last quarter. Smith Salley Wealth Management lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 2.5% during the third quarter. Smith Salley Wealth Management now owns 60,349 shares of the company’s stock worth $3,324,000 after purchasing an additional 1,457 shares during the last quarter. Southern Capital Advisors LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 6.9% during the third quarter. Southern Capital Advisors LLC now owns 77,900 shares of the company’s stock worth $4,291,000 after purchasing an additional 5,015 shares during the last quarter. Finally, Integrated Advisors Network LLC bought a new stake in shares of Fidelity MSCI Communication Services Index ETF during the third quarter worth $636,000.

Fidelity MSCI Communication Services Index ETF Trading Up 0.5 %

NYSEARCA:FCOM opened at $64.13 on Friday. Fidelity MSCI Communication Services Index ETF has a twelve month low of $46.37 and a twelve month high of $64.25. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. The stock has a fifty day simple moving average of $60.92 and a 200-day simple moving average of $56.93.

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.