Gimbal Financial Acquires 372 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Gimbal Financial raised its holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,153 shares of the company’s stock after purchasing an additional 372 shares during the quarter. Gimbal Financial’s holdings in Fidelity MSCI Communication Services Index ETF were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of FCOM. Q3 Asset Management bought a new position in Fidelity MSCI Communication Services Index ETF in the 4th quarter valued at $11,358,000. Destiny Wealth Partners LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at $10,501,000. Beckerman Institutional LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF during the 3rd quarter valued at $1,279,000. Meridian Wealth Management LLC purchased a new position in shares of Fidelity MSCI Communication Services Index ETF during the 3rd quarter valued at $808,000. Finally, VCI Wealth Management LLC lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 109.7% during the 4th quarter. VCI Wealth Management LLC now owns 23,031 shares of the company’s stock valued at $1,352,000 after buying an additional 12,050 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

Shares of NYSEARCA FCOM opened at $63.51 on Wednesday. Fidelity MSCI Communication Services Index ETF has a one year low of $46.37 and a one year high of $64.25. The business’s fifty day moving average price is $61.00 and its 200-day moving average price is $57.06. The stock has a market capitalization of $1.37 billion, a PE ratio of 26.44 and a beta of 1.22.

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.