Thrivent Financial for Lutherans Purchases 11,721 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Thrivent Financial for Lutherans raised its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 28.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,306 shares of the company’s stock after purchasing an additional 11,721 shares during the quarter. Thrivent Financial for Lutherans owned 0.24% of Fidelity MSCI Communication Services Index ETF worth $2,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FCOM. New Millennium Group LLC bought a new position in shares of Fidelity MSCI Communication Services Index ETF in the second quarter valued at approximately $28,000. Pathway Financial Advisers LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the 1st quarter valued at $34,000. Farther Finance Advisors LLC boosted its holdings in Fidelity MSCI Communication Services Index ETF by 8,688.2% during the 3rd 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 during the last quarter. Comerica Bank boosted its holdings in Fidelity MSCI Communication Services Index ETF by 27.7% during the 1st 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. Finally, Sanctuary Advisors LLC bought a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth $209,000.

Fidelity MSCI Communication Services Index ETF Stock Up 0.4 %

Shares of NYSEARCA FCOM opened at $58.53 on Wednesday. The company has a market capitalization of $1.26 billion, a PE ratio of 26.44 and a beta of 1.22. The stock’s 50 day moving average price is $56.13 and its 200-day moving average price is $53.18. Fidelity MSCI Communication Services Index ETF has a twelve month low of $41.72 and a twelve month high of $59.14.

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.