Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 62.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,528 shares of the company’s stock after selling 21,265 shares during the quarter. Sigma Planning Corp owned approximately 0.07% of Fidelity MSCI Communication Services Index ETF worth $558,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Sunbelt Securities Inc. raised its stake in shares of Fidelity MSCI Communication Services Index ETF by 47.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,868 shares of the company’s stock valued at $74,000 after purchasing an additional 597 shares in the last quarter. Vista Investment Management grew its position in shares of Fidelity MSCI Communication Services Index ETF by 4.7% during the 3rd quarter. Vista Investment Management now owns 16,191 shares of the company’s stock valued at $643,000 after buying an additional 720 shares during the last quarter. Lynch & Associates IN grew its position in shares of Fidelity MSCI Communication Services Index ETF by 6.0% during the 4th quarter. Lynch & Associates IN now owns 21,181 shares of the company’s stock valued at $944,000 after buying an additional 1,202 shares during the last quarter. Raymond James & Associates grew its position in shares of Fidelity MSCI Communication Services Index ETF by 34.6% during the 4th quarter. Raymond James & Associates now owns 7,096 shares of the company’s stock valued at $316,000 after buying an additional 1,824 shares during the last quarter. Finally, Nwam LLC grew its position in shares of Fidelity MSCI Communication Services Index ETF by 17.3% during the 3rd quarter. Nwam LLC now owns 12,868 shares of the company’s stock valued at $511,000 after buying an additional 1,901 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Down 3.5 %

Shares of NYSEARCA:FCOM opened at $47.40 on Friday. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $35.37 and a fifty-two week high of $50.76. The firm has a 50-day simple moving average of $48.84 and a 200 day simple moving average of $45.36. The company has a market cap of $1.02 billion, a PE ratio of 27.52 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.