Fidelity MSCI Communication Services Index ETF $FCOM is Crumly & Associates Inc.’s 10th Largest Position

Crumly & Associates Inc. grew its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 26.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,791 shares of the company’s stock after buying an additional 33,200 shares during the period. Fidelity MSCI Communication Services Index ETF accounts for 2.4% of Crumly & Associates Inc.’s investment portfolio, making the stock its 10th largest holding. Crumly & Associates Inc. owned about 0.61% of Fidelity MSCI Communication Services Index ETF worth $11,636,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. LongView Wealth Management lifted its position in Fidelity MSCI Communication Services Index ETF by 3.7% in the fourth quarter. LongView Wealth Management now owns 3,961 shares of the company’s stock valued at $293,000 after acquiring an additional 143 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 20.6% during the third quarter. IFP Advisors Inc now owns 843 shares of the company’s stock worth $60,000 after purchasing an additional 144 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 1.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,807 shares of the company’s stock worth $868,000 after purchasing an additional 181 shares during the last quarter. Capital Square LLC increased its position in shares of Fidelity MSCI Communication Services Index ETF by 5.6% during the third quarter. Capital Square LLC now owns 3,552 shares of the company’s stock worth $252,000 after purchasing an additional 187 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Fidelity MSCI Communication Services Index ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 49,361 shares of the company’s stock worth $3,199,000 after purchasing an additional 278 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Fidelity MSCI Communication Services Index ETF stock opened at $65.43 on Friday. The company has a market capitalization of $1.71 billion, a P/E ratio of 19.08 and a beta of 1.06. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $48.96 and a fifty-two week high of $75.94. The stock has a 50-day simple moving average of $71.83 and a 200-day simple moving average of $71.57.

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.