Sanctuary Advisors LLC Invests $209,000 in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Sanctuary Advisors LLC bought a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,278 shares of the company’s stock, valued at approximately $209,000.

Several other large investors also recently bought and sold shares of the business. New Millennium Group LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the second quarter valued at $28,000. Pathway Financial Advisers LLC purchased a new position in Fidelity MSCI Communication Services Index ETF in the first quarter worth about $34,000. Comerica Bank increased its stake in Fidelity MSCI Communication Services Index ETF by 27.7% during the first quarter. Comerica Bank now owns 2,203 shares of the company’s stock worth $109,000 after acquiring an additional 478 shares during the last quarter. Sunbelt Securities Inc. increased its stake in Fidelity MSCI Communication Services Index ETF by 25.6% during the first quarter. Sunbelt Securities Inc. now owns 2,349 shares of the company’s stock worth $116,000 after acquiring an additional 479 shares during the last quarter. Finally, Smithfield Trust Co raised its position in Fidelity MSCI Communication Services Index ETF by 72.2% during the first quarter. Smithfield Trust Co now owns 3,400 shares of the company’s stock valued at $169,000 after purchasing an additional 1,425 shares during the period.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $55.72 on Monday. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. The stock has a 50 day moving average price of $53.38 and a 200-day moving average price of $51.66. Fidelity MSCI Communication Services Index ETF has a one year low of $37.86 and a one year high of $55.89.

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.