Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Get Free Report) shares saw unusually-high trading volume on Thursday . 1,796,507 shares traded hands during trading, an increase of 1,001% from the previous session’s volume of 163,103 shares.The stock last traded at $71.3350 and had previously closed at $71.08.
Fidelity MSCI Communication Services Index ETF Trading Up 1.0%
The firm has a market capitalization of $1.85 billion, a PE ratio of 19.08 and a beta of 1.05. The company has a fifty day moving average price of $70.72 and a two-hundred day moving average price of $71.41.
Institutional Investors Weigh In On Fidelity MSCI Communication Services Index ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in FCOM. Integrated Wealth Concepts LLC acquired a new stake in Fidelity MSCI Communication Services Index ETF in the second quarter valued at $134,000. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth about $6,268,000. Greenleaf Trust purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth about $437,000. Navellier & Associates Inc. acquired a new stake in Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at about $3,141,000. Finally, Capital Square LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the 2nd quarter valued at about $306,000.
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.
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