Independence Financial Advisors LLC Buys 7,616 Shares of Fidelity MSCI Communication Services Index ETF $FCOM

Independence Financial Advisors LLC lifted its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 193,054 shares of the company’s stock after purchasing an additional 7,616 shares during the period. Fidelity MSCI Communication Services Index ETF accounts for 3.5% of Independence Financial Advisors LLC’s portfolio, making the stock its 10th largest position. Independence Financial Advisors LLC owned 0.76% of Fidelity MSCI Communication Services Index ETF worth $13,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in FCOM. Blue Jean Financial LLC acquired a new position in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter worth about $891,000. Vertex Investment Solutions Co. Ltd. acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at approximately $6,268,000. RFP Financial Group LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the 4th quarter worth approximately $1,043,000. Kovitz Investment Group Partners LLC boosted its stake in Fidelity MSCI Communication Services Index ETF by 17.0% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 104,850 shares of the company’s stock worth $7,683,000 after acquiring an additional 15,255 shares during the last quarter. Finally, Crumly & Associates Inc. grew its holdings in Fidelity MSCI Communication Services Index ETF by 20.2% during the third quarter. Crumly & Associates Inc. now owns 169,314 shares of the company’s stock valued at $12,192,000 after purchasing an additional 28,464 shares during the period.

Fidelity MSCI Communication Services Index ETF Stock Performance

NYSEARCA:FCOM traded up $0.22 during trading hours on Thursday, hitting $72.78. The stock had a trading volume of 176,515 shares, compared to its average volume of 182,513. Fidelity MSCI Communication Services Index ETF has a one year low of $65.26 and a one year high of $75.94. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 19.08 and a beta of 1.04. The business’s 50 day moving average is $71.42 and its 200-day moving average is $71.53.

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.