Sigma Planning Corp Purchases 194 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Sigma Planning Corp increased its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,918 shares of the company’s stock after purchasing an additional 194 shares during the quarter. Sigma Planning Corp owned approximately 0.07% of Fidelity MSCI Communication Services Index ETF worth $876,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Integrated Advisors Network LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the third quarter valued at $636,000. Farther Finance Advisors LLC increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 8,688.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock worth $82,000 after acquiring an additional 1,477 shares in the last quarter. Beckerman Institutional LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the 3rd quarter valued at about $1,279,000. Axxcess Wealth Management LLC boosted its stake in Fidelity MSCI Communication Services Index ETF by 4.8% during the third quarter. Axxcess Wealth Management LLC now owns 42,162 shares of the company’s stock worth $2,322,000 after acquiring an additional 1,914 shares in the last quarter. Finally, Colonial River Investments LLC grew its holdings in Fidelity MSCI Communication Services Index ETF by 3.3% in the third quarter. Colonial River Investments LLC now owns 28,274 shares of the company’s stock worth $1,557,000 after purchasing an additional 906 shares during the period.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA FCOM opened at $60.67 on Wednesday. The company has a 50 day simple moving average of $61.11 and a two-hundred day simple moving average of $57.57. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $46.37 and a fifty-two week high of $64.25. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 22.38 and a beta of 1.05.

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.