Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Acquired by Lynch & Associates IN

Lynch & Associates IN increased its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,552 shares of the company’s stock after purchasing an additional 625 shares during the quarter. Lynch & Associates IN owned 0.11% of Fidelity MSCI Communication Services Index ETF worth $1,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. New Millennium Group LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at about $28,000. Principal Securities Inc. acquired a new position in Fidelity MSCI Communication Services Index ETF during the 4th quarter worth approximately $29,000. Pathway Financial Advisers LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 1st quarter valued at approximately $34,000. American National Bank increased its position in shares of Fidelity MSCI Communication Services Index ETF by 408.1% in the 4th quarter. American National Bank now owns 813 shares of the company’s stock valued at $36,000 after purchasing an additional 653 shares during the last quarter. Finally, Smithfield Trust Co acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 4th quarter valued at $88,000.

Fidelity MSCI Communication Services Index ETF Trading Down 2.3 %

Fidelity MSCI Communication Services Index ETF stock opened at $50.62 on Friday. The company has a fifty day simple moving average of $51.88 and a 200-day simple moving average of $50.49. The stock has a market cap of $1.09 billion, a P/E ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 12-month low of $37.86 and a 12-month high of $53.66.

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.