Jane Street Group LLC Cuts Stock Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Jane Street Group LLC trimmed its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,234 shares of the company’s stock after selling 480 shares during the period. Jane Street Group LLC owned about 0.10% of Fidelity MSCI Communication Services Index ETF worth $1,170,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in shares of Fidelity MSCI Communication Services Index ETF by 8,688.2% during the third quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock worth $82,000 after acquiring an additional 1,477 shares in the last quarter. CX Institutional raised its position in Fidelity MSCI Communication Services Index ETF by 23.8% in the 3rd quarter. CX Institutional now owns 16,648 shares of the company’s stock worth $917,000 after purchasing an additional 3,202 shares during the period. GSA Capital Partners LLP lifted its stake in Fidelity MSCI Communication Services Index ETF by 4.0% in the third quarter. GSA Capital Partners LLP now owns 5,314 shares of the company’s stock worth $293,000 after purchasing an additional 203 shares during the last quarter. Cetera Investment Advisers boosted its position in Fidelity MSCI Communication Services Index ETF by 15.9% during the second quarter. Cetera Investment Advisers now owns 18,428 shares of the company’s stock valued at $962,000 after buying an additional 2,525 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Fidelity MSCI Communication Services Index ETF during the second quarter valued at about $209,000.

Fidelity MSCI Communication Services Index ETF Trading Down 0.9 %

NYSEARCA FCOM opened at $59.67 on Monday. The firm has a market cap of $1.28 billion, a PE ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 1-year low of $43.74 and a 1-year high of $62.11. The stock has a 50-day moving average of $58.56 and a 200-day moving average of $54.70.

About Fidelity MSCI Communication Services Index ETF

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.