Decker Retirement Planning Inc. Invests $34,000 in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Decker Retirement Planning Inc. purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 573 shares of the company’s stock, valued at approximately $34,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FCOM. Farther Finance Advisors LLC grew its stake in Fidelity MSCI Communication Services Index ETF by 8,688.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after purchasing an additional 1,477 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth about $209,000. Smithfield Trust Co grew 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 valued at $212,000 after buying an additional 450 shares during the period. HBW Advisory Services LLC purchased a new stake in Fidelity MSCI Communication Services Index ETF during the fourth quarter worth about $215,000. Finally, Capital Square LLC bought a new stake in Fidelity MSCI Communication Services Index ETF in the third quarter worth about $220,000.

Fidelity MSCI Communication Services Index ETF Stock Up 0.8 %

Fidelity MSCI Communication Services Index ETF stock opened at $59.69 on Friday. The company has a market capitalization of $1.28 billion, a P/E ratio of 26.44 and a beta of 1.22. The firm has a 50 day moving average price of $59.43 and a 200-day moving average price of $55.45. Fidelity MSCI Communication Services Index ETF has a twelve month low of $44.52 and a twelve month high of $62.11.

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.