RFP Financial Group LLC Takes $1.04 Million Position in Fidelity MSCI Communication Services Index ETF $FCOM

RFP Financial Group LLC acquired a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,235 shares of the company’s stock, valued at approximately $1,043,000. Fidelity MSCI Communication Services Index ETF makes up 0.5% of RFP Financial Group LLC’s portfolio, making the stock its 23rd largest position. RFP Financial Group LLC owned about 0.05% of Fidelity MSCI Communication Services Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in FCOM. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 10.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,990,672 shares of the company’s stock valued at $219,156,000 after acquiring an additional 284,563 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Fidelity MSCI Communication Services Index ETF in the third quarter valued at about $18,465,000. Bellwether Advisors LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter valued at about $14,682,000. Lido Advisors LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 10.4% in the third quarter. Lido Advisors LLC now owns 2,062,288 shares of the company’s stock valued at $146,361,000 after acquiring an additional 194,559 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in Fidelity MSCI Communication Services Index ETF by 282.8% during the second quarter. Orion Porfolio Solutions LLC now owns 177,845 shares of the company’s stock worth $12,202,000 after acquiring an additional 131,384 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

Shares of NYSEARCA FCOM opened at $70.78 on Monday. The business’s 50 day moving average is $73.04 and its two-hundred day moving average is $72.46. Fidelity MSCI Communication Services Index ETF has a 1-year low of $60.84 and a 1-year high of $75.94. The stock has a market capitalization of $1.68 billion, a P/E ratio of 19.08 and a beta of 1.04.

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.