Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lessened its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOMFree Report) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,395 shares of the company’s stock after selling 1,437 shares during the period. Orion Portfolio Solutions LLC owned 0.22% of Fidelity MSCI Communication Services Index ETF worth $2,723,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FCOM. Sound Income Strategies LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter worth approximately $32,000. Decker Retirement Planning Inc. bought a new position in Fidelity MSCI Communication Services Index ETF during the 4th quarter worth $34,000. Lee Danner & Bass Inc. acquired a new stake in Fidelity MSCI Communication Services Index ETF in the fourth quarter worth $51,000. Harbour Investments Inc. lifted its stake in Fidelity MSCI Communication Services Index ETF by 43.7% in the fourth quarter. Harbour Investments Inc. now owns 1,681 shares of the company’s stock valued at $99,000 after buying an additional 511 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at $201,000.

Fidelity MSCI Communication Services Index ETF Stock Performance

Fidelity MSCI Communication Services Index ETF stock opened at $56.26 on Tuesday. Fidelity MSCI Communication Services Index ETF has a one year low of $46.37 and a one year high of $64.25. The company has a 50-day simple moving average of $60.48 and a 200-day simple moving average of $58.61. The firm has a market capitalization of $1.38 billion, a P/E ratio of 18.79 and a beta of 1.08.

Fidelity MSCI Communication Services Index ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

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