VCI Wealth Management LLC Acquires 12,050 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

VCI Wealth Management LLC raised its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 109.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 23,031 shares of the company’s stock after buying an additional 12,050 shares during the quarter. VCI Wealth Management LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $1,352,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Southern Capital Advisors LLC lifted its position in Fidelity MSCI Communication Services Index ETF by 6.9% during the third quarter. Southern Capital Advisors LLC now owns 77,900 shares of the company’s stock valued at $4,291,000 after purchasing an additional 5,015 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 4.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 64,496 shares of the company’s stock worth $3,786,000 after acquiring an additional 2,703 shares during the last quarter. Smith Salley Wealth Management lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 2.5% in the 3rd quarter. Smith Salley Wealth Management now owns 60,349 shares of the company’s stock worth $3,324,000 after acquiring an additional 1,457 shares during the last quarter. Yoder Wealth Management Inc. lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 9.1% in the 3rd quarter. Yoder Wealth Management Inc. now owns 60,106 shares of the company’s stock worth $3,311,000 after acquiring an additional 5,027 shares during the last quarter. Finally, Maltin Wealth Management Inc. lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 1.4% in the 3rd quarter. Maltin Wealth Management Inc. now owns 54,343 shares of the company’s stock worth $2,993,000 after acquiring an additional 724 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 0.1 %

Fidelity MSCI Communication Services Index ETF stock opened at $61.69 on Tuesday. The firm has a 50-day moving average price of $59.66 and a 200-day moving average price of $55.76. The firm has a market capitalization of $1.33 billion, a PE ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 12-month low of $46.22 and a 12-month 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.