Main Street Financial Solutions LLC Buys 410 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Main Street Financial Solutions LLC increased its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,131 shares of the company’s stock after purchasing an additional 410 shares during the quarter. Main Street Financial Solutions LLC owned 0.11% of Fidelity MSCI Communication Services Index ETF worth $1,208,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Principal Securities Inc. bought a new position in Fidelity MSCI Communication Services Index ETF in the 4th quarter valued at $29,000. Avantax Advisory Services Inc. grew its position in Fidelity MSCI Communication Services Index ETF by 63.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 18,314 shares of the company’s stock valued at $816,000 after acquiring an additional 7,110 shares during the last quarter. American National Bank grew its position in Fidelity MSCI Communication Services Index ETF by 408.1% in the 4th quarter. American National Bank now owns 813 shares of the company’s stock valued at $36,000 after acquiring an additional 653 shares during the last quarter. Wells Fargo & Company MN grew its position in Fidelity MSCI Communication Services Index ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 270,243 shares of the company’s stock valued at $12,038,000 after acquiring an additional 13,544 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in Fidelity MSCI Communication Services Index ETF by 1.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 54,668 shares of the company’s stock valued at $2,435,000 after acquiring an additional 519 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Up 1.7 %

FCOM opened at $52.08 on Friday. Fidelity MSCI Communication Services Index ETF has a 12-month low of $37.86 and a 12-month high of $53.66. The business’s fifty day simple moving average is $51.79 and its 200-day simple moving average is $50.56. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22.

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.