49,900 Shares in Fidelity MSCI Communication Services Index ETF $FCOM Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans bought a new position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 49,900 shares of the company’s stock, valued at approximately $3,657,000. Thrivent Financial for Lutherans owned 0.19% of Fidelity MSCI Communication Services Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. LongView Wealth Management increased its position in shares of Fidelity MSCI Communication Services Index ETF by 3.7% during the fourth quarter. LongView Wealth Management now owns 3,961 shares of the company’s stock worth $293,000 after acquiring an additional 143 shares during the period. IFP Advisors Inc increased its position in shares of Fidelity MSCI Communication Services Index ETF by 20.6% during the third quarter. IFP Advisors Inc now owns 843 shares of the company’s stock worth $60,000 after acquiring an additional 144 shares during the period. Sigma Planning Corp increased its position in shares of Fidelity MSCI Communication Services Index ETF by 1.3% during the fourth quarter. Sigma Planning Corp now owns 12,837 shares of the company’s stock worth $941,000 after acquiring an additional 166 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity MSCI Communication Services Index ETF by 1.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,807 shares of the company’s stock worth $868,000 after acquiring an additional 181 shares during the period. Finally, Capital Square LLC increased its position in shares of Fidelity MSCI Communication Services Index ETF by 5.6% during the third quarter. Capital Square LLC now owns 3,552 shares of the company’s stock worth $252,000 after acquiring an additional 187 shares during the period.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA:FCOM opened at $73.86 on Friday. The firm has a market cap of $1.75 billion, a PE ratio of 19.08 and a beta of 1.06. The firm’s 50 day simple moving average is $71.96 and its 200-day simple moving average is $72.08. Fidelity MSCI Communication Services Index ETF has a one year low of $59.12 and a one year high of $75.94.

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.