Colonial River Investments LLC Buys 906 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Colonial River Investments LLC increased its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 3.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,274 shares of the company’s stock after purchasing an additional 906 shares during the quarter. Colonial River Investments LLC owned approximately 0.13% of Fidelity MSCI Communication Services Index ETF worth $1,557,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 45.3% during the second quarter. Commonwealth Equity Services LLC now owns 371,542 shares of the company’s stock valued at $19,406,000 after buying an additional 115,797 shares during the period. AGF Management Ltd. increased its position in Fidelity MSCI Communication Services Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 300,084 shares of the company’s stock valued at $15,673,000 after purchasing an additional 46,580 shares during the period. Axxcess Wealth Management LLC raised its holdings in shares of Fidelity MSCI Communication Services Index ETF by 211.4% in the 2nd quarter. Axxcess Wealth Management LLC now owns 40,248 shares of the company’s stock valued at $2,102,000 after purchasing an additional 27,324 shares in the last quarter. Beckerman Institutional LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter worth approximately $1,279,000. Finally, Integrated Advisors Network LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter worth approximately $636,000.

Fidelity MSCI Communication Services Index ETF Stock Down 0.7 %

Shares of FCOM stock opened at $58.39 on Friday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 52-week low of $40.64 and a 52-week high of $58.93. The company’s 50 day moving average is $54.61 and its 200 day moving average is $52.39.

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.