Prairie Wealth Advisors Inc. Grows Stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Prairie Wealth Advisors Inc. boosted its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,001 shares of the company’s stock after purchasing an additional 316 shares during the quarter. Prairie Wealth Advisors Inc.’s holdings in Fidelity MSCI Communication Services Index ETF were worth $235,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the fourth quarter valued at about $32,000. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter valued at approximately $34,000. Farther Finance Advisors LLC grew its holdings 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 valued at $82,000 after buying an additional 1,477 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Fidelity MSCI Communication Services Index ETF during the 2nd quarter valued at $209,000. Finally, Smithfield Trust Co increased its position in Fidelity MSCI Communication Services Index ETF by 13.2% during the third quarter. Smithfield Trust Co now owns 3,850 shares of the company’s stock worth $212,000 after buying an additional 450 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of FCOM opened at $63.23 on Friday. Fidelity MSCI Communication Services Index ETF has a 1 year low of $46.37 and a 1 year high of $63.95. The company’s 50 day simple moving average is $60.41 and its 200 day simple moving average is $56.32. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22.

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.