Blue Jean Financial LLC Buys New Shares in Fidelity MSCI Communication Services Index ETF $FCOM

Blue Jean Financial LLC purchased a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the 4th quarter, HoldingsChannel reports. The fund purchased 12,153 shares of the company’s stock, valued at approximately $891,000.

Other hedge funds have also made changes to their positions in the company. Simplex Trading LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 80.9% in the 4th quarter. Simplex Trading LLC now owns 360 shares of the company’s stock valued at $26,000 after acquiring an additional 161 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 170.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 512 shares of the company’s stock valued at $36,000 after acquiring an additional 323 shares in the last quarter. Larson Financial Group LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter valued at approximately $41,000. Global Retirement Partners LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 286.7% in the 4th quarter. Global Retirement Partners LLC now owns 727 shares of the company’s stock valued at $53,000 after acquiring an additional 539 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 20.6% in the 3rd quarter. IFP Advisors Inc now owns 843 shares of the company’s stock valued at $60,000 after acquiring an additional 144 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA:FCOM opened at $70.78 on Friday. The company has a market cap of $1.68 billion, a PE ratio of 19.08 and a beta of 1.04. Fidelity MSCI Communication Services Index ETF has a 52 week low of $60.84 and a 52 week high of $75.94. The firm has a 50 day simple moving average of $73.04 and a 200 day simple moving average of $72.45.

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.