Jane Street Group LLC increased its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Free Report) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,876 shares of the company’s stock after buying an additional 1,642 shares during the period. Jane Street Group LLC owned 0.11% of Fidelity MSCI Communication Services Index ETF worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in FCOM. Sanctuary Advisors LLC increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 4.3% during the 4th quarter. Sanctuary Advisors LLC now owns 4,537 shares of the company’s stock worth $285,000 after purchasing an additional 189 shares during the last quarter. Arkadios Wealth Advisors bought a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter worth about $259,000. Envestnet Portfolio Solutions Inc. acquired a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter worth approximately $244,000. Private Advisor Group LLC increased its position in Fidelity MSCI Communication Services Index ETF by 6.4% during the fourth quarter. Private Advisor Group LLC now owns 4,482 shares of the company’s stock worth $263,000 after buying an additional 271 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in Fidelity MSCI Communication Services Index ETF by 38.4% in the fourth quarter. Wells Fargo & Company MN now owns 290,147 shares of the company’s stock valued at $17,032,000 after buying an additional 80,530 shares during the period.
Fidelity MSCI Communication Services Index ETF Trading Down 0.0%
Shares of NYSEARCA FCOM opened at $60.22 on Tuesday. The company has a market capitalization of $1.47 billion, a P/E ratio of 19.49 and a beta of 1.07. Fidelity MSCI Communication Services Index ETF has a 12 month low of $48.17 and a 12 month high of $64.25. The stock has a 50 day moving average of $55.76 and a 200-day moving average of $58.65.
About Fidelity MSCI Communication Services Index ETF
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.
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