Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Get Free Report)’s stock price hit a new 52-week high on Friday . The stock traded as high as $64.00 and last traded at $63.85, with a volume of 9740 shares. The stock had previously closed at $63.80.
Fidelity MSCI Communication Services Index ETF Stock Up 0.5 %
The business’s fifty day moving average is $60.92 and its 200-day moving average is $56.93. The company has a market cap of $1.38 billion, a PE ratio of 26.44 and a beta of 1.22.
Institutional Investors Weigh In On Fidelity MSCI Communication Services Index ETF
A number of hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at $32,000. CIBC Private Wealth Group LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 757.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 549 shares of the company’s stock valued at $33,000 after buying an additional 485 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at approximately $34,000. Lee Danner & Bass Inc. purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter worth approximately $51,000. Finally, Farther Finance Advisors LLC raised its stake in Fidelity MSCI Communication Services Index ETF by 8,688.2% during 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 during the period.
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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