573 Shares in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Acquired by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. bought a new stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 573 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 10.5% during the 2nd quarter. AE Wealth Management LLC now owns 85,524 shares of the company’s stock valued at $4,467,000 after acquiring an additional 8,146 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 4.6% in the second quarter. Thrivent Financial for Lutherans now owns 40,585 shares of the company’s stock worth $2,120,000 after purchasing an additional 1,775 shares during the period. Cetera Investment Advisers increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 15.9% in the second quarter. Cetera Investment Advisers now owns 18,428 shares of the company’s stock worth $962,000 after purchasing an additional 2,525 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 2nd quarter valued at $209,000. Finally, American National Bank & Trust lifted its stake in shares of Fidelity MSCI Communication Services Index ETF by 10.7% during the 3rd quarter. American National Bank & Trust now owns 5,197 shares of the company’s stock valued at $286,000 after buying an additional 501 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of FCOM stock opened at $59.69 on Friday. The stock has a fifty day simple moving average of $59.43 and a two-hundred day simple moving average of $55.45. The firm has a market capitalization of $1.28 billion, a PE ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 52-week low of $44.52 and a 52-week high of $62.11.

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.