Pacific Sun Financial Corp Grows Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Pacific Sun Financial Corp grew its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 17,748 shares of the company’s stock after acquiring an additional 848 shares during the period. Pacific Sun Financial Corp’s holdings in Fidelity MSCI Communication Services Index ETF were worth $1,042,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Yoder Wealth Management Inc. grew its stake in 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 valued at $3,311,000 after acquiring an additional 5,027 shares in the last quarter. Smith Salley Wealth Management increased its holdings in shares of Fidelity MSCI Communication Services Index ETF by 2.5% in 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% in the third quarter. Southern Capital Advisors LLC now owns 77,900 shares of the company’s stock worth $4,291,000 after buying an additional 5,015 shares in the last quarter. Integrated Advisors Network LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the third quarter valued at approximately $636,000. Finally, Farther Finance Advisors LLC grew its holdings in Fidelity MSCI Communication Services Index ETF by 8,688.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after buying an additional 1,477 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

NYSEARCA:FCOM opened at $63.30 on Thursday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 1 year low of $46.37 and a 1 year high of $64.25. The stock’s 50 day simple moving average is $61.08 and its two-hundred day simple moving average is $57.19.

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.