Fidelity MSCI Communication Services Index ETF $FCOM Position Lifted by Crumly & Associates Inc.

Crumly & Associates Inc. increased its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 20.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,314 shares of the company’s stock after acquiring an additional 28,464 shares during the quarter. Fidelity MSCI Communication Services Index ETF comprises 2.2% of Crumly & Associates Inc.’s investment portfolio, making the stock its 14th biggest position. Crumly & Associates Inc.’s holdings in Fidelity MSCI Communication Services Index ETF were worth $12,192,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FCOM. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 5.2% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,145,739 shares of the company’s stock valued at $214,288,000 after purchasing an additional 155,067 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Fidelity MSCI Communication Services Index ETF by 2.0% during the first quarter. Kestra Advisory Services LLC now owns 166,444 shares of the company’s stock worth $11,338,000 after buying an additional 3,336 shares in the last quarter. Redstone Wealth Management LLC grew its holdings in Fidelity MSCI Communication Services Index ETF by 2.7% during the 1st quarter. Redstone Wealth Management LLC now owns 126,022 shares of the company’s stock worth $8,585,000 after acquiring an additional 3,300 shares in the last quarter. Fischer Financial Services Inc. raised its holdings in shares of Fidelity MSCI Communication Services Index ETF by 1.3% in the 1st quarter. Fischer Financial Services Inc. now owns 106,332 shares of the company’s stock valued at $7,243,000 after purchasing an additional 1,358 shares in the last quarter. Finally, Yoder Wealth Management Inc. grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 8.3% during the first quarter. Yoder Wealth Management Inc. now owns 105,800 shares of the company’s stock worth $7,207,000 after purchasing an additional 8,110 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 0.7%

FCOM stock traded down $0.53 during trading on Wednesday, hitting $72.41. 66,748 shares of the company’s stock were exchanged, compared to its average volume of 182,204. The business has a 50-day moving average price of $71.36 and a two-hundred day moving average price of $71.51. Fidelity MSCI Communication Services Index ETF has a 52-week low of $65.26 and a 52-week high of $75.94. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 19.08 and a beta of 1.04.

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.