Colonial River Investments LLC Purchases 1,519 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Colonial River Investments LLC raised its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,793 shares of the company’s stock after acquiring an additional 1,519 shares during the period. Colonial River Investments LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $1,749,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at $32,000. Decker Retirement Planning Inc. bought a new position in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter worth about $34,000. Farther Finance Advisors LLC grew 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 purchasing an additional 1,477 shares during the last quarter. J.W. Cole Advisors Inc. bought a new position in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter worth about $210,000. Finally, Smithfield Trust Co grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 13.2% in the third quarter. Smithfield Trust Co now owns 3,850 shares of the company’s stock worth $212,000 after purchasing an additional 450 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 1.7 %

NYSEARCA FCOM opened at $61.84 on Monday. The company’s 50-day moving average price is $61.12 and its 200-day moving average price is $57.37. The stock has a market cap of $1.33 billion, a PE ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 12 month low of $46.37 and a 12 month high of $64.25.

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.