Odyssey Capital Advisors Inc. Buys Shares of 6,945 Fidelity MSCI Communication Services Index ETF $FCOM

Odyssey Capital Advisors Inc. bought a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,945 shares of the company’s stock, valued at approximately $509,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LongView Wealth Management boosted its position in Fidelity MSCI Communication Services Index ETF by 3.7% in the fourth quarter. LongView Wealth Management now owns 3,961 shares of the company’s stock valued at $293,000 after buying an additional 143 shares in the last quarter. IFP Advisors Inc boosted its position in Fidelity MSCI Communication Services Index ETF by 20.6% in the third quarter. IFP Advisors Inc now owns 843 shares of the company’s stock valued at $60,000 after buying an additional 144 shares in the last quarter. Sigma Planning Corp boosted its position in Fidelity MSCI Communication Services Index ETF by 1.3% in the fourth quarter. Sigma Planning Corp now owns 12,837 shares of the company’s stock valued at $941,000 after buying an additional 166 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Fidelity MSCI Communication Services Index ETF by 1.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,807 shares of the company’s stock valued at $868,000 after buying an additional 181 shares in the last quarter. Finally, Capital Square LLC boosted its position in Fidelity MSCI Communication Services Index ETF by 5.6% in the third quarter. Capital Square LLC now owns 3,552 shares of the company’s stock valued at $252,000 after buying an additional 187 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of NYSEARCA:FCOM opened at $73.94 on Monday. The firm has a market cap of $1.75 billion, a PE ratio of 19.08 and a beta of 1.06. The firm’s fifty day moving average is $71.80 and its 200-day moving average is $71.99. Fidelity MSCI Communication Services Index ETF has a 52 week low of $59.12 and a 52 week high of $75.94.

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.